By Gloria Methri
Today
B2B FinTech
BankiFi
Belgium
In the rapidly evolving digital economy, small and medium-sized enterprises (SMEs) are increasingly turning to B2B FinTech platforms for streamlined financial solutions. These platforms empower SMEs by offering a range of services, from funding and payments to financial management and risk reduction.With the global B2B FinTech sector projected to grow at a CAGR of 20.3% from 2023 to 2030, the demand for tailored solutions in banking and finance is growing rapidly. In Europe, FinTech firms are revolutionising how SMEs interact with financial institutions and manage their financial operations.Here are five B2B FinTech companies that are leading the way in empowering SMEs across Europe.Bankifi
Bankifi is a UK-based B2B FinTech platform that enhances the digital banking experience for SMEs. By offering API-driven financial services, Bankifi enables banks to provide advanced, tailored solutions to their SME clients. This platform helps integrate banking with business management, offering tools for payments, cash flow management, and financial insights. Bankifi’s seamless API infrastructure allows banks to provide SME clients with an end-to-end solution that boosts efficiency and automates financial workflows.Creditea
Creditea, part of the larger Santander Group, offers SME financing solutions that simplify the lending process. It provides access to short-term and long-term credit for businesses, making it easier for SMEs to get the capital they need to grow. Creditea offers both secured and unsecured loans, helping SMEs manage their liquidity and working capital needs efficiently. With a focus on transparency and flexible repayment terms, Creditea empowers SMEs to manage their financial health while fostering long-term growth.Factris
Factris is a European FinTech company that offers invoice financing and factoring solutions for SMEs. By using Factris’ platform, SMEs can unlock liquidity by selling outstanding invoices in exchange for immediate cash. Factris simplifies the factoring process by offering transparent fees and rapid transactions, ensuring SMEs can focus on growing their business rather than waiting for payments. Factris operates across several European markets, helping businesses bridge cash flow gaps and accelerate growth through flexible financing options.Funding Circle
Funding Circle is one of Europe’s leading online lending platforms, focusing on connecting SMEs with investors for fast and flexible business loans. Through Funding Circle, SMEs can secure financing from a diverse pool of investors, including institutions, individuals, and funds. This platform has revolutionised SME lending by offering lower interest rates and faster approval processes compared to traditional banks. Since its launch, Funding Circle has funded billions of dollars in loan
