Articles

 4 Way to Propel Tech SMEs and Internet of Things in Latin America and the Caribbean

Tech Small and Medium Enterprises (SMEs) have a significant role to play in the IoT value chain by designing, integrating and adapting IoT solutions that respond to the re

Articles

Articles

youth finance
Ammar Khalid, Helena Molina, Susannah Horton, and Patteera Mae Chaladmanakul are second-year International Development students who recently traveled to the Philippines, to gain a deeper knowledge of possible financing models for youth entrepreneurs. Throughout the year, the team conducted a global stocktaking on successful models for financing...
Approach to Enterprise Support is Failing Africa’s SMEs
Despite providing immense financial support for the economy, SMEs still face a multitude of challenges and lack support. According to the article, 72 percent of all startup funding went into only three companies in the region (Africa) in the span of two recent years. Supply and demand are the causes inhibiting SMEs’ access to support. On the...
Democratization of Startup Financing
In the U.S. financial services market, regulations such as Reg A+ and Reg CF have opened up new avenues for startups to raise financing from a large number of unaccredited investors along with accredited investors. Among the 636 companies that filed forms to conduct new offerings under Reg A+ or Reg CF, 80% of them (514) filed for Reg CF. In...
Development Bank of Nigeria CEO Tony Okpanachi Speaks on Addressing the MSME Finance Challenges
SME Finance Forum member Development Bank of Nigeria is working to aid in providing finance to MSMEs. Calling it a "nightmare," its Managing Director/Chief Executive Officer, Tony Okpanachi, was appointed in 2017 with the mission to alleviate the financing constraints faced by MSMEs and small corporates in Nigeria. The Sun says his job remains to...
Why Women-Owned Startups Are a Better Bet
According to Boston Consulting Group research, when women business owners pitch their ideas to investors for early-stage capital, they receive significantly less funding — a disparity that averages more than $1 million— than men. Yet businesses founded by women ultimately deliver higher revenue—more than twice as much per dollar invested—than...
Finding a Financial Solution for Small Businesses
Multi-award winning businesswoman Darlene Menzies plans to become the lead generator and matcher of small business loans in the Southern African Development Community (SADC) region in the next five years. Menzies is chief executive of Finfind, an online access to finance solution for SMMEs supported by the Department of Small Business Development...
Creditease Supported Fintech Firms Succeed in Making Finance Accessible
SME Finance Forum member, Creditease Fintech VC Fund, has invested in 25 U.S. and Chinese companies since its founding in March 2016. The P2P and wealth management, China-based firm invests in spaces that are underfunded, particularly those in SME lending. In this Forbes interview, managing director of Creditease, Anju Patwardham, shares details...
IFC and VCs Want To Take Emerging Market Microfinance To Mobile
Several venture capital firms are working with the International Finance Corporation (IFC). A member of the World Bank Group, the IFC is partnering with Chicago-based Victory Park Capital (VPC) to launch a new fund to provide debt to for online lending by fintech lenders in the developing world. The partnership aims to improve access to debt...
Providing Pre-Seed and Seed Capital is an Essential Step to Bringing West Africa and Sahel’s Entrepreneurs to the Next Level
More than 40 percent of African entrepreneurs cite access to finance as the major factor limiting their growth, according to World Bank Enterprise Surveys. In this article, the author says that West African start-ups and innovative young SMEs are indeed facing the classic ‘valley of death’ — the space between where the entrepreneur’s own resources...
Empowering SMEs with tailored finance – Interview Spotcap Co-founder and CEO Jens Woloszczak
EU-Startups' Kutlu Kazanci interviewed Jens Woloszczak, Co-founder and CEO Spotcap. Today, Spotcap operates in five countries and has recently been ranked number 32 in the Fintech 100 report featuring leading companies in the fintech industry worldwide, published by H2 Ventures and KPMG. Here is a summary of the interview with Jens Woloszczak: How...