Articles

CreditEase CEO Ning Tang on How China’s Fintechs Serve the Underserved

CreditEase - an SME Finance Forum member - founder and CEO Ning Tang recently shared with Mckinsey his perspective on how fintech players, from both within and outside China, can capture the opportunity among small and midsize Chinese businesses and how artificial intelligence (AI) can help. The following commentary is adapted from that conversation.

Articles

Articles

CreditEnable, CAIT Partnership Set to Help 70 Million SMEs
This Forbes' article written by John Welsh, includes: a profile on CreditEnable; highlights about the CEO and Founder Nadia Sood’s career and outlines CreditEnable's 'Changemakers Programme', an initiative they have just launched in conjunction with the Confederation of All India Traders (CAIT), the world’s largest SME association, representing 70...
The Benefits of Fintech Partnerships in Emerging Markets
According to an IFC report, there are a few key challenges that have long limited the digital transformation of financial services in emerging markets. These challenges include: low access to formal financial services; low income and financial-literacy levels; underdeveloped technology solutions; and weak infrastructures. Due to these challenges,...
Digital Credit Helping to Put Kids in Classrooms in Cote d'Ivoire
By leveraging partnerships with farmers’ cooperatives and telecom operator MTN, in a recent pilot Advans Cote d’Ivoire achieved 100 percent on-time repayment and notably increased school attendance among borrowers’ children. This innovative work with cocoa farmers earned Advans Cote d’Ivoire the 2018 European Microfinance Award for inclusive...
Five Highlights from the Africa SME Finance Forum: Day 1
Through the first Africa SME Finance Forum, IFC, financial institutions and entrepreneurs are seeking to find solutions to close the $331 billion SME finance gap across the continent. The conference on May 15-16 explores local and global best practice SME banking solutions to harness digital technology, e-commerce and blockchain, to promote youth...
How Digital Innovation Can Increase Small Business Access To Finance In Asia
Small- and medium-sized enterprises (SMEs) are a key contributor to economic activity around the world as an important source of jobs, growth, and innovation. Despite their essential role, SMEs receive a disproportionately small share of credit from the financial system, a trend that persists across developed and developing countries, including in...
Guga Stocco on Banking Innovation
Brazilian Guga Stocco is an advisor and board member of companies like B3, the biggest stock market in the world. He co-founded Domo Invest, a fund that raised R$ 100 million for investments in Internet and Fintech. Stocco was also responsible for the creation of the first fully digital bank in Brazil with more than 300,000 clients and projects...
Reinventing Small Business Banking Through New FinTech Trends
This Medium articles shares why finTechs hold potential to change the course of small business banking. According to ADB survey in 2017, with only 20 percent of firms using digital finance platforms, small businesses are looking for game-changing solutions in payments, capital and equity spaces. Article topics discussed include address information...
How Unbanked Filipinos Get Access to Credit
Financial Inclusion Week is a week of global conversation on the most important steps to advance financial inclusion. This year, stakeholders explored how new products and partnerships are empowering customers. Building on the momentum, SME Finance Forum member, Mambu, shared stories of their clients who have gone digital to inspire organisations...
Digital Trends for SMEs to Close the Credit Gap
As a new SME Finance Forum member, Mambu was excited to participate in the Global SME Finance Forum and host a study tour at their Berlin office. The Forum gathered over 400 representatives from SME lenders and banks, as well as donors and investors to discuss how the digital revolution can help SMEs gain better access to financial services. But...
Balazs Topor on Innovation in Digital Banking
Balazs Topor is SME Product & Segment leader at Raiffeisen Bank. He has more than 15 years’ experience in SME banking and in-depth expertise in customer value creation, segment differentiation and product design. Continuing with the SME Finance Forum Interview series , member Strands wanted to address another underserved segment - SMEs - and...