News

Member News: Mastercard and Zoho Expand Partnership to Benefit Small Businesses

The expansion of the partnership between Mastercard and Zoho will benefit smes. According to Mastercard, small businesses around the world will have access to a comprehensive array of products and services.

News

News

UnionBank to Launch a Blockhain Powered SME Financing Platform with OneConnect
OneConnect announced their partnership with Union Bank’s wholly-owned fintech subsidiary UBX to build what they claim to be the country’s first blockchain enabled platform geared towards meeting the banking needs of MSMEs in the Philippines. According to their press release, the blockchain enabled platform will be operational by 2019 and will be...
Bitbond, a Fintech Lender and Security Token Issuer, Looks to Partner with Gibraltar Stock Exchange
Bitbond, a Fintech Lender and Security Token Issuer, Looks to Partner with Gibraltar Stock Exchange. Bitbond said the two companies are “in discussions regarding a future cooperation.” Recently, GSX announced it would list digital debt as well as derivatives, thus enabling what could become the largest sector of their business as debt markets are...
PME Investimentos Joins 150 Other Financial Institutions to Promote SME Finance
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...
World’s First Afro-Asia FinTech Festival to Focus on Sustainable Finance, Transforming Lives
Nairobi/Singapore, 7 May 2019 - The Central Bank of Kenya (CBK) and the Monetary Authority of Singapore (MAS) today announced the inaugural Afro-Asia FinTech Festival , to be held in Nairobi, Kenya, from 15 to 16 July 2019. Jointly organised by the two central banks, the Festival – the first of its kind globally – will provide a platform for...
Member News: Fidor Recognized for New E-commerce Inspired Marketplace, Efficient Scale
SME Finance Forum member Fidor has been recognised by Celent as a winner of a “Model Bank of the Year” for its novel marketplace, Efficient Scale. The award was presented at a formal awards ceremony during the annual Innovation and Insight Day in New York. Celent, the global research and advisory firm for the financial services industry, was...
Increasing the Role of Fintechs for Financial Inclusion
Financial inclusion and its role in economic development was highlighted at the G20 meetings in 2017 and again in 2018. Small and medium-sized enterprises (SMEs) have been shown to account for the creation of significant numbers of new jobs, but an estimated two billion people around the world lack access to an account for even the most basic...
Member News: BRAC Bank Wins Award
SME Finance Forum member BRAC Bank won the “Most Innovative SME Bank” award from International Finance Publications Ltd. BRAC Bank’s head of SME banking, Syed Abdul Momen, formally received the award from Sunil Bhat, director, International Finance, at the International Finance Awards 2018, held at Grand Hyatt Erawan Hotel in Bangkok, Thailand on...
4G Capital Joins 150 Other Financial Institutions to Promote SME Finance
Washington, D.C. January 29, 2019 –  4G Capital 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...
Member News: Fidor Launches APIX with IFC
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...
10+ Innovative Fintechs to Demo the Global SME Finance Forum 2018
The Global SME Finance Forum 2018 will explore how innovation in technology, regulation and partnerships can help overcome various informality problems, and open up a far larger market for profitable, sustainable, responsible financial services. The TechPitch will be held in the afternoon of November 6, and will provide an opportunity for...