Articles

CreditEase CEO Ning Tang on How China’s Fintechs Serve the Underserved

CreditEase - an SME Finance Forum member - founder and CEO Ning Tang recently shared with Mckinsey his perspective on how fintech players, from both within and outside China, can capture the opportunity among small and midsize Chinese businesses and how artificial intelligence (AI) can help. The following commentary is adapted from that conversation.

Articles

Articles

youth finance
Ammar Khalid, Helena Molina, Susannah Horton, and Patteera Mae Chaladmanakul are second-year International Development students who recently traveled to the Philippines, to gain a deeper knowledge of possible financing models for youth entrepreneurs. Throughout the year, the team conducted a global stocktaking on successful models for financing...
Scaling Up Financing SDGs Discussed in High-Level Meeting
The UN Secretary General’s High-level Meeting on Financing the 2030 Agenda for Sustainable Development discussed focus of investments, measuring data for SDGs and vulnerable countries and sectors. According to the article, the meeting focused on: Aligning global financial and economic policies with the 2030 Agenda Enhancing sustainable financing...
Development Bank of Nigeria CEO Tony Okpanachi Speaks on Addressing the MSME Finance Challenges
SME Finance Forum member Development Bank of Nigeria is working to aid in providing finance to MSMEs. Calling it a "nightmare," its Managing Director/Chief Executive Officer, Tony Okpanachi, was appointed in 2017 with the mission to alleviate the financing constraints faced by MSMEs and small corporates in Nigeria. The Sun says his job remains to...
Mobile Money Offers Africans a Financial Future
For years, traditional banks shied away from serving many Africans because of the costs of physical branch expansion and the risks associated with serving low-income people. Small entrepreneurs found it particularly hard to access credit as they often lack the required collateral or credit history. But the launch and growth of digital financial...
Disrupting Systems: Financing Africa’s Youth Entrepreneurs
On May 15-16, in the heart of Nairobi, Kenya, 300 plus individuals from more than 175 institutions and 50 countries gathered at the Africa SME Finance Forum to discuss innovative solutions to promote access to finance for small and medium enterprises (SMEs) in Africa. As a key supporter of the Forum, the Mastercard Foundation hosted a panel titled...
Providing Pre-Seed and Seed Capital is an Essential Step to Bringing West Africa and Sahel’s Entrepreneurs to the Next Level
More than 40 percent of African entrepreneurs cite access to finance as the major factor limiting their growth, according to World Bank Enterprise Surveys. In this article, the author says that West African start-ups and innovative young SMEs are indeed facing the classic ‘valley of death’ — the space between where the entrepreneur’s own resources...
It’s Not About Millennials
SME Finance Forum member, Strands, shares why millennials are important in banking. In America, there are currently more than 80 million millennials, the oldest of which will turn 36 this year, and they are expected to generate 46% of all U.S. income by 2025. Apart from being powerful in numbers, they are the first completely digital generation...
The Deserving Under-Served – Shifting the Focus for Banks
The world of banking has remained unchanged for decades; when all about them were innovating and disrupting their sectors various, the bank did nothing, managing to continue its unilateral conversation to its one customer. The middle-aged man. The banking sector has done itself no favors by eliminating the woman from their branding strategy; this...