News

GRAB Financial Services Asia Joins 150 Other Financial Institutions to Promote SME Finance

Washington, D.C. May 3, 2019 – GRAB Financial Services Asia (GRAB) became the newest member of the SME Finance Forum, a global membership network that brings together financial institutions, technology companies, and development finance institutions to share knowledge, spur innovation, and promote the growth of SMEs. 

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News

World’s First Afro-Asia FinTech Festival to Focus on Sustainable Finance, Transforming Lives
Nairobi/Singapore, 7 May 2019 - The Central Bank of Kenya (CBK) and the Monetary Authority of Singapore (MAS) today announced the inaugural Afro-Asia FinTech Festival , to be held in Nairobi, Kenya, from 15 to 16 July 2019. Jointly organised by the two central banks, the Festival – the first of its kind globally – will provide a platform for...
Shenzhen Zhongxin CredEx Fintech Joins 150 Other Financial Institutions to Promote SME Finance
Washington, D.C. April 23, 2019 –  Shenzhen Zhongxin CredEx Fintech became the newest member of the SME Finance Forum, a global membership network that brings together financial institutions, technology companies, and development finance institutions to share knowledge, spur innovation, and promote the growth of SMEs. “200 million businesses...
Increasing the Role of Fintechs for Financial Inclusion
Financial inclusion and its role in economic development was highlighted at the G20 meetings in 2017 and again in 2018. Small and medium-sized enterprises (SMEs) have been shown to account for the creation of significant numbers of new jobs, but an estimated two billion people around the world lack access to an account for even the most basic...
Q-Lana Joins 150 Other Financial Institutions to Promote SME Finance
Washington, D.C. March 19, 2019 –  Q-Lana became the newest member of the SME Finance Forum, a global membership network that brings together financial institutions, technology companies, and development finance institutions to share knowledge, spur innovation, and promote the growth of SMEs. “200 million businesses worldwide need financing to...
JUMO Joins 150 Other Financial Institutions to Promote SME Finance
Washington, D.C. March 13, 2019 – JUMO became the newest member of the SME Finance Forum, a global membership network that brings together financial institutions, technology companies, and development finance institutions to share knowledge, spur innovation, and promote the growth of SMEs. “200 million businesses worldwide need financing to invest...
Nova Credit Limited Joins 150 Other Financial Institutions to Promote SME Finance
Washington, D.C. January 8, 2019 – Nova Credit Limited (Nova Credit) became the newest member of the SME Finance Forum, a global membership network that brings together financial institutions, technology companies, and development finance institutions to share knowledge, spur innovation, and promote the growth of SMEs. “200 million businesses...
Member News: Fidor Launches APIX with IFC
Fidor birthed its APIX platform, the first cross border sandbox and marketplace for fintechs and banks at the Singapore Fintech Festival. India Prime Minister Narendra Modi officially launched the APIX platform during his keynote speech. APIX is an initiative by AFIN represented by IFC/ World Bank (International Finance Corporation), MAS (Monetary...
Member News: CreditEase’s Key Fintech Investment NAV, Partners With Clover to Provide SMEs with Free Credit Scores
NAV a key fintech investments of SME Finance Forum member CreditEase has entered into a multi-year partnership with Clover, to provide free business credit scores, custom-tailored business financing and credit card options to U.S. based Clover users. According to the article, this partnership will provide 75,000 Clover customers to: View Experian...
First Look at the Global SME Finance Forum 2018 Marketplace
The Global SME Finance Forum 2018 will explore how innovation in technology, regulation and partnerships can help overcome various informality problems, and open up a far larger market for profitable, sustainable, responsible financial services. The Marketplace, an exclusive opportunity for B2B introductory meetings, had over 100 participants at...
Member News: Standard Chartered to Jointly Launch a Trade Finance Platform
According to Reuters , Hong Kong’s banking regulator and seven banks, including SME Finance Forum member Standard Chartered PLC said they will jointly launch a trade finance platform in September using blockchain technology. Reuters says the platform will be one of the largest examples globally of a government-led, cross-bank effort to reform the...