Retail Development Academy

BUSINESS STRATEGY

Funding Circle | February 01, 2022

Funding Circle announced the beginning of a new partnership aimed at increasing small business owners' access to critical financing and business insurance resources and services. Funding Circle is a market leader in online small business finance in the United States and throughout the world. Additionally, it is one of the country's oldest insurance and financial services organizations. Through this partnership, an online lender and a large property and casualty insurance w...

Business Wire | August 12, 2020

The SMBX is ushering in the next wave of financial technology,” Bhavish Balhotra, CTO of SMBX. Jackie Chan, COO, added, “We're lowering the barriers to complex financial tools. Let’s use these innovations to empower communities to thrive. We are especially excited to open new pathways to capital for small business owners affected by COVID-19 and give everyday people the ability to invest in the small businesses in their community. The funding will support SMBX’s growt...

MANAGEMENT

Santander | December 19, 2022

Santander Holdings USA, Inc. (“Santander” and “Santander US”) today announced the completion of the sixth cohort of Santander’s Cultivate Small Business, which served 97 entrepreneurs and awarded $300,000 in capital grants to eligible graduates. The cohort’s graduates are the program’s first from the Dallas, Miami and Philadelphia markets. The program also operates in Massachusetts, New Jersey and New York. Launched by Santander Bank N.A. in 2017, Cultiv...

BUSINESS STRATEGY

KKR | September 02, 2021

KiotViet, a leading merchant platform for micro, small, and medium enterprises (MSMEs) in Vietnam, and KKR, a global investment firm, today announced the signing of definitive agreements under which KKR will participate as the lead investor in the US$45 million Series B funding round of KiotViet (“the Company”), with participation from its existing investor, Jungle Ventures. KiotViet aims to drive the digital transformation of MSMEs, a key segment that accounts for app...