Articles

Image Credit: Medici article

Reserving equity crowdfunding rounds exclusively for customers is emerging as a popular method of fundraising. Read more here.

Article via Medici.

Articles

Articles

$4.9 Trillion Small Business Credit Gap: Digital Models to the Rescue
CGAP estimates that there is a $4.9 trillion credit gap for micro and small businesses in emerging markets. But digital technologies are disrupting traditional means of delivering MSE finance. CGAP talked to some of the most interesting companies about these new business models and breaks down the findings for you in their latest blog and deck...
How fintech is setting Southeast Asia’s SMEs free
A lack of previous credit history creates a vicious cycle for SMEs. Loan applications with missing information are automatically rejected by formal institutions, which leads SMEs to again go back to informal sources of funding. To solve this problem, the question that needs to be tackled is: how can underwriting of SME loans be simplified, given...
Going Digital in Collections to Improve Resilience Against Credit Losses
Household debt is at an all-time high, delinquencies have been rising, and forward-looking macroeconomic indicators are softening. As a result, lenders are reexamining their capacities for handling delinquencies. Part of that reevaluation for heads of collections involves taking into account changes in the consumer landscape. For example,...
Bitbond CEO Talks Innovation in the Lending Industry
Radoslav Albrecht is the Founder and CEO of Bitbond, a global lending platform for small business loans. The SME Finance Forum member, leverages blockchain technology to connect creditworthy borrowers with individual and institutional investors. Recently, Anthony Manfre interviewed Radoslav to learn more about how Bitbond is leading innovation in...
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...