What is a Cashless Payment?

by Cheqly team | | Cashless Payment

You know how important it is for your company to take cashless payments. You’ve probably heard of (and used) credit cards and other cashless payment options like Apple Pay, Google Pay, Bizum, and others. However, what does the modern digital world mean by cashless payments, and what are the benefits and drawbacks of accepting them … Continued

What is SWIFT and How Does It Work?

by Cheqly team | | SWIFT

International money transfers are quite simple. To start a transfer to any location worldwide, you can call your bank, visit them in person, or use their website. But what kind of infrastructure underpins these transactions, and how precisely do they operate? The SWIFT banking system is typically a crucial component of the procedure. While it … Continued

Pros and Cons of Venture Debt

by Cheqly team | | Venture Debt

Obtaining the necessary funding for your small business expansion may seem unattainable. Every day, you must make dozens of decisions about hiring new staff, selecting the best software, and locating clients interested in your offering. In this article, we will share the pros and cons of venture debt so that you can decide if it’s … Continued

What is AML in Banking?

by Cheqly team | | AML , Banking

The purpose of anti-money laundering (AML) regulations is to prevent criminals from smuggling illegal money into the financial system. The purpose of money laundering schemes is to hide the ownership and source of funds acquired through illicit activities like drug trafficking and terrorism. Legally speaking, banks and other financial organizations must abide by AML guidelines … Continued

How to find the best venture debt lender for your startup?

by Cheqly team | | Venture Debt

Venture debt is a desirable form of funding for startups seeking to increase their expansion without reducing ownership. Finance executives may find the process difficult despite the obvious advantages because it can be intricate and full of potential hazards. Understanding the Venture Debt Process Term sheet negotiations, initial discussions, document preparation, and due diligence are … Continued

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