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Fractal Labs Joins SME Finance Forum to help spur innovation and promote SMEs growth

Washington, D.C., November 13, 2019Fractal Labs has joined 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. 

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SME Finance Forum and IFC announced the winners of the 2019 Global SME Finance Awards
Originally posted on IFC website . Amsterdam, October 8, 2019 —SME Finance Forum and IFC announced the winners of the second edition of the Global SME Finance Awards last night during the Global SME Finance Forum 2019, the annual flagship event of the SME Finance Forum. Sixteen award winners were selected from a global pool of 144 entrants for...
Closing the MSME Finance Gap: Opening Remarks at the 5th Global SME Finance Forum
The Global SME Finance Forum 2019 welcomed over 650 attendees from more than 280 institutions in 75 countries. On the 5-year anniversary of the annual Forum, Her Majesty Queen Máxima of the Netherlands, UN Secretary-General's Special Advocate for Inclusive Finance for Development (UNSGSA), delivered the keynote address. Read Queen's Máxima full...
Photo Credit: IDB Invest
Members IDB Invest and Overseas Private Investment Corporation signed a memorandum of understanding pledging to invest a combined $3 billion in development projects in Latin America and the Caribbean over the next five years, with the option of increasing the investment to $5 billion. IDB Invest and OPIC aim to match this investment by catalyzing...
Proparco Joins 160 Other Financial Institutions to Promote SME Finance
Washington, D.C., September 4th, 2019 – Proparco 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...
Photo: Jack Ma Photographer: Marlene Awaad/Bloomberg
Using real-time payments data and a risk-management system that analyzes more than 3,000 variables, Ma’s four-year-old MYbank has lent 2 trillion yuan ($290 billion) to nearly 16 million small companies.
BDC released the 2018-19 annual report, with a record year.
BDC supports 60,000 business owners across Canada. BDC highlights for 2018-19 include: $35 billion in capital committed to small and medium-sized businesses. This is up over 45% since 2015. Lent nearly $570 million to majority women-owned businesses . Opened up two of captive funds – IT and Health – to outside investors, which led to the creation...
Amsterdam Bicycles by Jace Grandinetti
“The Dutch Alternative Finance market has reached a tipping point and is now widely being accepted as an added value to the SME financing landscape by companies, banks and policy makers. Because of the many different AltFin providers the biggest challenge in the next couple of years will be to educate financial advisors to find the most reliable...
FSB Examines Effects of Post-Crisis Reforms on SME Financing
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...
FMO Entrepreneurial Development Bank Joins 150 Other Financial Institutions to Promote SME Finance
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...
World Bank’s Executive Directors Select David Malpass 13th President of the World Bank Group
The Executive Directors of the World Bank today unanimously selected David R. Malpass as President of the World Bank Group for a five-year term beginning on Tuesday, April 9, 2019. The Board expressed its deep gratitude to Interim President Kristalina Georgieva for her dedication and leadership in recent months. The Executive Directors followed...