Articles

Is Technology Enough to Plug the SME Financing Gap?

Technology is revolutionising trade finance while facilitating lending to small businesses by tech giants such as PayPal, Amazon and Alibaba. But is this enough to fill the $1500bn global trade finance gap? Stefania Palma from The Banker investigates.

Articles

Articles

The Risk Of Playing Alt Lending’s Rate Limbo
PYMNTS.com interviews Quick.me CEO Ola Okeshola on how the access to capital for small businesses has dried up significantly since the Great Recession. While the challenge is easy to pinpoint, the solutions are harder to find, as FinTechs serving SMBs aren’t just looking to answer a series of questions that the market is still learning how to ask...
Tony Elumelu: Africapitalists Builds the Continent's Future
Tony O. Elumelu, C.O.N, Chairman at Heirs Holdings in Nigeria, pens an article on how African entrepreneurs are being supported by financial services to create a strong economic system on the continent. He describes how his institution has supported more than 10,000 African entrepreneurs over the last 10 years with funding and mentoring. The...
Fintech Startups Can Help Banks Bridge the Gap in SME Lending in India
India’s more than 50-million strong SME sector, employs close to 40 percent of the country’s total workforce and contributes 45 percent of the total industrial output. While large banks and NBFCs have catered to SME loan requirements in the past, there is still a huge gap to be bridged between demand and supply. Akshay Sarma writes on how this can...
Accelerator Wants To Help Create The Next Big Black-Owned Tech Startup
I'M IN accelerator is focusing on providing support to early-stage, growth-driven and black-owned tech companies through education, mentorship and financing in South Africa. The accelerator is an IDF Capital initiative and a pre-investment readiness program for tech startups with an exceptional business concept and who have an early stage market-...
FinTech Startups Need a Localized Approach to SME Lending
The focus of the entire product design of digital lending platforms and fintech startups, needs to shift towards interaction led rather than merely being transactional in nature. Banks have traditional had an advantage over other financial service institutions because banks are viewed as trusted advisors to the customer. In order for fintech to...
Randa Al-Zoghbi Tamweely
Randa Al-Zoghbi, Center for International Private Enterprise’s Program Director in Egypt, discussed the release of their new app, Tamweely, in partnership with the World Bank. The app is designed to connect financiers to small businesses and entrepreneurs in Egypt seeking start-up funding. It will also provide business education tools and...
Reflecting on Forrester Fintech Predictions for 2017 by Strands
In part one of our exploration of Fintech predictions for 2017, we touched on investments in AI, digital transformation driven by operational excellence and other important challenges. However these are far from the only ingredients you'll need to cook up winning digital banking strategies in the year ahead.
Dancing with Angels, Racing with Gazelles and Dreaming of Unicorns
There has been a lot of discussion around the topic of SMEs and job creation. While SMEs can foster innovation, help diversify an economy, spread economic activity beyond the main urban hubs, give opportunities to women and youth and much more, their role in creating jobs – in the current economic environment – is key.