Securing financing is a major challenge that many small and medium-sized enterprises (SMEs) in Singapore face. In this blog, we will discuss some of the alternative financing options available to businesses in Singapore. We will also examine the benefits and potential risks of each option.
Securing financing is a major challenge that many small and medium-sized enterprises (SMEs) in Singapore face. In this blog, we will discuss some of the alternative financing options available to businesses in Singapore. We will also examine the benefits and potential risks of each option.
Managing cash flow is a critical challenge for many small businesses, especially those in the cleaning industry.
As part of our "Explain to me" series, the banco team will feature a topic in each blog to help you in learning about a specific financing term. This blog focuses on Invoice financing, what is it about, what are the benefits and drawbacks of invoice financing services. Finally, as a business owner, what you should consider before signing up for invoice financing services?
We started banco on the singular belief, to make finance more open and accessible for all small and medium sized businesses in ASEAN. Our strategy was clear. We wanted to use our learnings over the last decade building digital financial products for financial institutions, to create a platform to help SME get finance easier.
Sustainable companies are more likely to save costs by using fewer resources, win contracts, have less regulation, attract and retain the best talent pool and avoid losing money on old carbon-intensive processes. Read our article to find out how SMEs can play a part and the landscape of sustainable finance today.
Among the multiple things that the recent pandemic has fuelled, sustainability through conscious consumerism is one of the most significant.
Join us for a Tete-a-Tete with banco leadership team - Lincoln Y. (CEO), Joshua (Director), and Timothy (Director) as we share our journey so far.
The impact of any economic slowdown is felt mainly by small and medium businesses. Although nobody can predict or control what happens to the economy, there are things companies can do now to prepare for the financial implications later. Here are five prudent practices to recession-proof your business.
RABC group collaborates with Singapore’s Infocomm Media Development Authority (IMDA) on TradeTrust and has launched a Neobank platform named "banco platform" to provide SMEs and enterprises with easier access and better user experience to financing services. Through the use of AI and blockchain, new digital financial products will help to improve transparency,traceability and safeguard against fraud.
SINGAPORE, March 29, 2022 /PRNewswire/ -- Leading real estate advisor, Savills (Singapore) Pte Ltd, today announced a strategic partnership with neobank banco platform, a Singapore FinTech company.
As the CEO of BYFIN (SBI Group), one of the world's largest integrated online financial groups, Mr Min Zhu has more than ten years of experience in financial services and investment. With banco's partnership with BYFIN (SBI Group), both organisations can leverage on each other's expertise to deal with challenges faced in the financial space using technology.
The rapid digital transformation that was already taking place has accelerated during the COVID-19 pandemic, which resulted in irreversible changes to the way companies operate their businesses and impacts the habits and expectations of individuals. While this creates new opportunities in the digital world and fosters social inclusiveness, at the same time, it increases the risk of exclusion and inequalities for vulnerable pockets of the population.
