Member news: We welcome RootAnt to connect enterprises and financial institutions with new digital financial products
Sep 29, 2020
Washington D.C., September 29th, 2020- We welcome RootAnt to the SME Finance Forum global membership network. Our network consists of SME financing leaders from around the world who come together to share knowledge, spur innovation, and promote the growth of small and underserved businesses.
“At SME Finance Forum we are committed to helping small businesses get access to capital needed to grow and sustain their enterprise. Our membership network forms a close-knit community of industry experts who share a common purpose of helping SMEs. We are delighted to have RootAnt as the newest member of the Forum. We truly value their contributions.” said Matthew Gamser, CEO of the SME Finance Forum.
There are huge gaps in financing demand and credit globally, especially for SMEs. RootAnt believes digital and open banking technologies can fill the gap and make financing inclusive and sustainable. With open banking technologies, they connect financial institutions with new tech solutions, data sources, enterprise systems, blockchain networks, and business partner platforms.
“We empower Anchor companies in enterprise ecosystems to lead and launch an Embedded Supply Chain Finance platform for their entire value-chain participants. We believe the platform will create a more sustainable and green economy for enterprise ecosystems. With the support of the SME Finance Forum, we plan to expand this initiative to reach more enterprises effectively and efficiently,” said Lincoln YIN LIKUN, CEO of RootAnt.
About SME Finance Forum
The SME Finance Forum was established by the G20 Global Partnership for Financial Inclusion (GPFI) in 2012 as a knowledge center for data, research, and best practice in promoting SME finance. As an implementing partner for the GPFI, the International Finance Corporation (IFC) was tasked with managing the initiative.
RootAnt is a technology enabler of banking as a service, specializing in embedded financing for enterprises, connecting enterprises and financial institutions with new digital financial products for easier, cheaper, and faster financing services in various contexts. They are headquartered in Singapore with branch offices in China and Japan.