#smes

#smes

Froda raised €20M in Series B funding to grow operations and expand its embedded finance services across Europe.

FINOM secured €92.7M in funding to accelerate growth, doubling its annual recurring revenue and entering direct lending for SMEs.

The funding will primarily focus on expanding services rather than operational costs.

Pennylane secures €75M funding to enhance its financial operating system for SMEs in Europe.

Plumery raises $3.3M to enhance its digital banking platform, aiming for significant growth and innovation in the fintech sector.

SMEs in the UK lose £3.4bn yearly due to inadequate cyber security, with many lacking protections.

35% of businesses expect growth this year, driven largely by domestic demand and online sales.

Business leaders express deep concerns over the government's policies affecting economic growth and lack of support for SMEs.

Urgent government action is needed to prevent a lost generation of young people facing employment barriers.

GB Bank has surpassed £2 billion in balance sheet, reflecting significant growth and a focus on supporting UK SMEs.

SME finance brokers show strong optimism about the future of small businesses, despite SMEs being more cautious about their financial outlook.

ABN AMRO and the European Investment Bank sign a €1.2B synthetic securitization agreement to boost lending for businesses, focusing on SMEs and sustainability.

Invest-NL secures funds until 2029 to enhance startup growth and strengthen economic protection.

The UK's mild 10 percent tariff could hinder small businesses that rely heavily on US exports.

10% tariffs on UK-US trade will significantly harm small UK exporters, jeopardizing their growth and survival.

Most UK SMEs involved in innovation do not claim R&D tax relief, missing significant financial benefits.

A third of UK SMEs rely on R&D for growth despite economic challenges.

SMEs face heightened challenges from rising taxation and costs, particularly with increased National Insurance Contributions impacting profitability and growth.

Britain's SMEs are optimistic about 2025, with 92% expecting growth amid economic challenges.

44% of UK businesses faced potential shutdowns in 2024, reflecting serious challenges for SMEs amidst economic turbulence.

High interest rates severely impact cash flow, necessitating effective management strategies for businesses to survive.

UK SMEs feel the least supported globally, ranking it lowest for business support and wealth creation.