APIX Platform, the World's First Collaborative Innovation Platform for Financial Institutions, Joins the SME Finance Forum
APIX Platform, the world’s first collaborative Innovation Platform, has joined the SME Finance Forum as the global membership network’s latest affiliate. The 250+ members and affiliates of the Forum are SME finance institutions and industry stakeholders operating in 190 countries that share the common goal of expanding access to finance for small businesses worldwide through knowledge exchange and innovation.
“We are delighted to welcome APIX Platform as our newest affiliate. APIX brings a unique model for accelerating innovation through collaboration between financial institutions and fintechs, helping drive innovation across the financial services ecosystem. We look forward to working together to advance innovative solutions that strengthen access to finance for MSMEs worldwide,” said Qamar Saleem, Head of SME Finance Forum.
APIX Platform is the world’s first collaborative Innovation Platform, empowering financial institutions to dramatically accelerate their innovation journey. It enables financial institutions to rapidly search for, discover, evaluate, and test innovative solutions from thousands of fintechs across 100 countries.
With its API marketplace, digital sandbox, hackathon management suite and white label innovation platform capabilities, APIX is purpose-built to transform and simplify the collaboration journey between financial institutions and fintechs.
The platform was initially launched in 2018 by India’s Prime Minister Narendra Modi and Singapore’s Deputy Prime Minister Tharman Shanmugaratnam, under the Monetary Authority of Singapore (MAS). It later became a commercial entity in late 2022 under Synfindo Singapore Pte. Ltd., with its headquarters in Singapore and investors including the LemmaTree Group (founded by Temasek) and Mastercard.
“We are delighted to join the SME Finance Forum as an affiliate. At the pace technology is evolving today, financial institutions can no longer innovate in silos, they need to collaborate. But collaboration only works when institutions can discover, evaluate and test new solutions efficiently, and that is exactly what APIX was built for. The stakes are highest in SME finance, where the right technology can transform financial services for millions of small businesses. We look forward to working with the Forum's community to make that happen.” — Umang Moondra, CEO, APIX Platform
SME Finance Forum: Innovation & Partnership for MSMEs Growth
The SME Finance Forum, backed by G20 and IFC/World Bank, is the leading global network of 300+ members/affiliates operating in 190 countries. Network comprises of SME focused institutions providing and enabling finance and services- banks, non-banks financial institutions, fintech, payment platforms, development institutions, credit guarantee companies, insurers, investment funds, supply chain linked players, banking and SME associations, policy advocates, regulators, academia, consulting houses, knowledge aggregator. Our member, affiliates, and associated stakeholders benefit from learning/replicating best practices from across the world, innovating new products for business growth, acquiring risk mitigation tools, establishing partnerships, attracting investors, and being recognized amongst a peer group of global innovators. Our products consist of “members only” solutions (like innovation hubs, solutions clinics, peer group networks, study tours, specialized tools and trainings, member portal repository, partnered initiatives) as well as public good services (200+ publications library, 500+ videos, webinars, newsletters, trainings, annual awards, annual event etc.).
Discover the SME Finance Forum members/affiliates:
https://www.smefinanceforum.org/page/our-members
https://www.smefinanceforum.org/page/partner-with-us
About APIX Platform
APIX is the world's first collaborative Innovation Platform that empowers financial institutions to dramatically accelerate their innovation journey. It enables financial institutions to rapidly search for, discover, evaluate, and test innovative solutions from thousands of fintechs across more than 100 countries.
With its API marketplace, digital sandbox, hackathon management suite and white label innovation platform capabilities, APIX is purpose-built to transform and simplify the collaboration journey between financial institutions and fintechs.
The platform was initially launched in 2018 under the Monetary Authority of Singapore (MAS) and later became a commercial entity under Synfindo Singapore Pte. Ltd., headquartered in Singapore.
Learn more:
Website: apixplatform.com
LinkedIn: https://www.linkedin.com/company/apixplatform