Citi is launching a digital platform to connect small and medium sized businesses with local lenders.
In Brief:
The platform is called Bridge built by Citi and is being rolled out in the US.
It connects SMEs looking for loans of up to $10mn.
Lenders include regional, local and community banks.
What does this mean?
Citi is now expanding its digital offering to support SMEs by offering them an easier experience, but at present the scheme is being piloted with 18 banks in the US.
QED Investors led the equity financing In brief:- The financing round ...
Providing named virtual IBANs In brief:The partnership between the two entities aims ...
Leading voices in FinTech gather In brief:- Fintech Week London, a ...
Using AI to close in on unicorn status In brief:Suddenly, all ...
Embedded finance provider Liberis has secured £89mn in debt financing ...
UK SME lender Nucleus Commercial Finance has secured a funding ...
Mexican fintech start-up Trafalgar, which aims to provide financial services ...
Enfuce, the leading provider of embedded finance solutions today announces ...
The unparalleled power of today’s technology confers a responsibility on all of us, across the...
Finastra has partnered with YouGov to produce a report on the needs of UK SMEs and explore the oppor...
There are no Events in this category