News
Jun 14, 2019
Kenya lags behind sub-Saharan Africa in credit provision to small and medium-sized businesses (SMEs), highlighting the funding challenges facing local entrepreneurs, a new report shows. The report, ‘The Mobile: Deeping Financial Inclusion But at a High Cost’ shows that the total credit as a percentage of the gross domestic product (GDP) stands at...
Jun 12, 2019
Dropee, a Malaysian B2B eCommerce marketplace that digitises supply chain to better connect businesses, announced a partnership with Grab Financial in launching SME Business Financing. The initiative seeks to provide business financing to Dropee’s merchants and retailers who have successfully applied to procure inventories on Dropee’s B2B platform...
Jun 11, 2019
SME lending growth has resumed in recent years, and access to external finance for SMEs appears to have improved, particularly in advanced economies. The FSB (Financial Stability Board) has delivered a report to the G20 examining the effects of the post-crisis regulatory reforms on SME financing. The evaluation is part of a broader FSB examination...
Jun 11, 2019
Malaysia-based B2B e-commerce marketplace, Dropee, introduced SME business financing on June 10 with Grab Financial - powered by their lending and P2P financing partner - as a partner to provide business financing to Dropee’s merchants and retailers. The financing can be used by retailers to procure products directly from suppliers within the...
Jun 10, 2019
Warsaw (Poland), 06 June 2019 - On the 30th and 31st of May 2019, the Microfinance Centre (MFC) held its 22nd Annual Conference to explore the implications of the digital revolution on financial and social inclusion. The event welcomed 409 delegates to Istanbul (Turkey) representing EU bodies, MFIs, NGOs, investors and FinTechs from 46 countries...
Jun 07, 2019
Washington, D.C. June 4, 2019 – FMO Entrepreneurial Development Bank (FMO) 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...
Jun 03, 2019
The members of the SME Finance Forum now have access to a member-only intranet available through our main website! On that new space, members can explore exclusive content such as event proceedings and tips from the experts. We strongly encourage our members to make use of both the mobile app and the intranet which are complimentary tools. The app...
May 29, 2019
Washington, D.C. May 28, 2019 – Banco BNI Europa 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...
May 21, 2019
Washington, D.C. May 21, 2019 – PME Investimentos 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...
May 16, 2019
SME Finance Forum member, Ecobank Ghana, has unveiled Ecobank Pay - a multi-featured digital payment solution, to boost digital payment in the country. According to the bank, the product delivers a unified and instant self-service payment solution to more than 15,000 merchants – a product that allows anyone to buy a product or service without...