Category: SMEs

Dominic Broom of ICC Banking Commission and BNY Mellon discusses Asian trade in Global Banking and Finance

In a recent article in Global Banking and Finance Review, Dominic Broom, member of ICC Banking Commission’s Executive Committee, and Global Head of Trade Business Development at BNY Mellon, discusses the changes to trade occurring across Asia. The article provides a preview of one of the discussions that will take place at the ICC Banking …

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Satago describes how on-demand business finance is supporting SMEs in Global Banking & Finance Review

The increasing convenience of modern living is driving expectations for 24-hour, instant access across many aspects of their personal and business lives. Yet, the financial services industry has had difficulties keeping up with demand from companies, including SMEs, which are looking for more efficient solutions. Writing for Global Banking & Finance Review, Satago’s CEO, Steven …

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In FX-MM, Satago explains how new technology capabilities are putting SMEs in control of their financing

The advent of the digital age is increasing the expectations of consumers and businesses alike for instant, round-the-clock payment solutions. While the financial market has been somewhat slow on the uptake, fintech developments – primarily driven by nimble alternative financiers – are becoming increasingly prevalent. In an article for FX-MM, Satago’s CEO Steven Renwick explains …

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Satago’s Steven Renwick writes an article for GTNews on how tech innovation is facilitating easy-access business finance

Technological advancements are creating new opportunities in the field of SME finance, and alternative financiers are leveraging these digital capabilities to offer pioneering solutions to small businesses. Writing for GTNews, Satago’s CEO, Steven Renwick, discusses the customer-first culture of fintechs, and how this is enabling them to produce exemplary and accessible finance technology. Renwick notes …

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Satago’s Steven Renwick talks “on-demand business finance” in Tech City News

The financial services industry, long overdue a radical transformation, has been slow to embrace disruptive innovation. But a new breed of fintechs has emerged that is transforming the SME funding landscape. In Tech City News, Steven Renwick, CEO of Satago, explains how, by leveraging cloud technology, real-time data and analytics tools, these new fintechs are …

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Satago cited in Real Business article as an alternative to venture capital funding

With reports that venture capital funding for European technology start-ups fell by a third in Q3 2016, and that crowdfunding in the UK has decreased by approximately 20%, what are the alternatives for businesses seeking funding? In a Real Business article entitled “Venture capital funding in a cold climate”, invoice finance is highlighted as a …

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Satago’s Steven Renwick considers the advantages of invoice finance over lump sums for SMEs in Business Advice

Often for SMEs, receiving a lump sum or an equity investment can generate dilemmas resulting in overtrading or unwanted external influences. In Business Advice, Steven Renwick, CEO of Satago, considers an attractive alternative – selective invoice finance. Such a facility enables businesses to borrow funds as and when needed – on demand. Renwick writes that “Instead …

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Satago considers how invoice finance can help SMEs seeking investment in AccountingWEB

    For most businesses – especially SMEs – capital needs are often satisfied by a lump-sum debt injection or an equity investment. Both can result in funding way beyond what most SMEs need at any given moment, resulting in unnecessary challenges and complications.   Writing for AccountingWEB, Satago’s Steven Renwick and Julie Warren consider …

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How to become your own bank manager: Satago discusses pioneering SME finance developments in SmallBusiness.co.uk

The SME finance landscape is being transformed, with alternative financiers leveraging cloud technology, real-time data and analytics tools to provide businesses with smart, efficient and cost effective finance and debtor management solutions. In SmallBusiness.co.uk, Steven Renwick, CEO of fintech company Satago, discusses how we have reached the point where technology is enabling such levels of …

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TFR reports on ICC UK’s Annual Trade Finance Conference

TFR recently reported on the International Chamber of Commerce (ICC) United Kingdom’s 2016 Trade Finance Conference held in December. The conference covered a range of topics from Brexit, global economic uncertainty, and trade finance shortages, to regulation, compliance and the growth of digitisation. It provided a platform for trade finance figures in the UK and Europe …

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