News
Dec 11, 2018
SME Finance Forum member CreditEase Wealth Management received the Best Social Impact Project in Wealth and Society in China award at The Global Wealth and Society Awards 2018. The London-based Global Wealth and Society Awards Programme seeks to recognize high and ultra-high net-worth individuals who use their wealth to bring about positive...
Dec 05, 2018
Washington, D.C. December 3, 2018 – JD Finance 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...
Dec 03, 2018
SME Finance Forum member MEKAR, has been listed by KPMG as one of the top 10 lenders changing market. MEKAR was the earliest of P2P lenders in Indonesia. MEKAR, though maybe not the largest total volume of loans, is unique in serving the small “unbanked” businesses in the farthest parts of Indonesia. It has some of the safest loans, and probably...
Nov 30, 2018
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...
Nov 29, 2018
Business Insider asked Forbes 30 Under 30 finance superstars to share their best career advice for young professionals. Loek Janssen, 29, cofounder and CTO of Nova Credit - a SME Finance Forum member - started for a Stanford graduate research project. It's gained rapid adoption since then. Now, the startup has raised $20 million to-date and is...
Nov 28, 2018
Washington, D.C. November 27, 2018 – HCM Capital (HCM) 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...
Nov 26, 2018
WEConnect International, a global network of corporations committed to sourcing goods and services from women suppliers, signed an agreement to boost access to markets for women-owned small and medium enterprises in emerging markets. The agreement is IFC’s first active partnership supported by the Women Entrepreneurs Finance Initiative , or We-Fi...
Nov 21, 2018
SME Finance Forum member, European Investment Bank (EIB) loaned Belarusian Belagroprombank a €50 million loan to expand SMEs. Funds will be offered to SMEs that employ up to 250 people with the state share in their charter capital of at most 25 percent, according to the article. “We intend to offer loans to our clients for up to six years, with...
Nov 21, 2018
IFC, a member of the World Bank Group is increasing access to SME finance in Lao PDR by fostering a business enabling environment and developing market solutions for serving SMEs. According to the release, SMEs make up 99 percent of total enterprises and over 80 percent of the workforce, however they are confronted with a financing gap of $1.2...
Nov 21, 2018
SME Finance Forum member Diamond Bank was awarded the Women’s Market Champion award from the Global Banking Alliance for Women. Diamond Bank was chosen for its outstanding impact on women development and for providing them with holistic solutions that meet their needs, according to the article. “This award lends credence to the work that Diamond...