SME businesses in UAE contribute almost 70% of the GDP of the MENA region and create new employment opportunities, increase production, and reduce the income gap. Small businesses have immense potential but work with minimum resources, little access to capital and technology, and often fail to get paid on time. Moreover, the coronavirus pandemic in...Read More

Besides product, sales, and profitability, SMEs suffer from many issues. There are issues related to timely invoicing, safer payments, and automatic reconciliation. Today a business no longer requires just invoicing solution. After invoicing, it has to chase payments, which becomes a hurdle for small businesses. Due to this circle of payment and collection, a small...Read More

Hylobiz is a B2B fintech platform that aims to solve the pain points of SMEs with its cutting-edge technology solutions. Currently, we are operational in India, UAE, and Bahrain. We help small and medium businesses in simplifying and digitizing their value chain. Our solutions help them faster collections, e-invoicing, inventory management, connected banking services, and...Read More

SME sector contributes significantly to Indian economy. 1/3 of India’s GDP is supported by this sector. The small businesses in India are of paramount importance and help to reduce income gap, reduce poverty, increase production, generate employment and many more. With minimal investment requirement, a small business can operate even in remote areas and can...Read More

In this fast-changing environment, a business needs growth and stability for its existence. A businessman pays attention to sales and profitability, but they lag in the collection, which gives birth to many problems. If the collection process is not efficient, the business can face many operational changes, sometimes which may lead to the winding up....Read More

In today’s fast-changing environment, technology has disrupted the banking business and its product offerings. Small Businesses are also experiencing advancements and regulatory changes led by technology. Businesses also need something more than banking to cope up with this fast-changing environment. So, here comes the concept of connected banking. Firstly, let us know what does connected...Read More

Connected ERP and Connected Banking can improve SME payments and collections the primary causes of nightmares related to your business? Do you feel your business suffers a dearth of capital obstructing growth and its potential underutilized? Are you tired of handling multiple ERPs, users, and accounts and managing data in silos? Are the labor-intensive time-consuming...Read More

SMEs in UAE use ERP/business tools to manage their day-to-day transactions, which serves the purpose of accounting and recording. SME businesses usually work in silos as they handle multiple ERPs, accounts, users, and payment gateways. SMEs in the UAE encounter the major challenges in their daily transactions: Juggle between different software to record and reconcile...Read More

Did you know that Indian fintech market is one of the fastest growing fintech markets in the world? Out of more than 2000 fintechs in India, 67% was established in the last 5 years. As the adoption rate of fintechs in India is the highest among all the global players, it is expected that the...Read More

With technological advancement, we’ve seen many changes in the banking sector. The lending segment has seen a transformation like never before. The reasons which led to this change are : ⦁       Advancement in technology ⦁       Building better customer experience Due to the problems faced by consumers in lending from traditional institutions, digital lending is gaining...Read More