Articles

Cybersecurity for Mobile Financial Services: A Growing Problem

Mobile phones are helping millions of low-income customers to access financial services for the first time, but they are also exposing them to new cyber threats they could never have imagined. The Serianu 2017 Africa Cyber Security Report estimates that cybercrime in mobile-based transactions costs businesses $140 million per year in Africa. Why is this becoming more common? And what can providers and policy makers do to prevent it?

Articles

Articles

Interview with Kelvin Teo & Reynold Wijaya Co-Founders of Funding Societies | Modalku, a Company Supporting SMEs
Kelvin Teo, Top 200 FinTech Influencers in Asia recipient, and Reynold Wijaya, Forbes 30 under 30 recipient are both Harvard Business School graduates and co-founders for the company Funding Societies | Modalku. Funding Societies | Modalku is Southeast Asia’s largest peer-to-peer financing platform geared towards supporting SMEs grow their...
Will the Promotion of Arab Women as Entrepreneurs Make a Difference?
One in three start-ups in the Arab World is led by women—a higher rate than in Silicon Valley, according to an IFC article. Improving access to finance and promoting digital platforms are key to helping them succeed. The article says that many entrepreneurs from the region believe that technology is one of the few spaces where everything is viewed...
Creditease Supported Fintech Firms Succeed in Making Finance Accessible
SME Finance Forum member, Creditease Fintech VC Fund, has invested in 25 U.S. and Chinese companies since its founding in March 2016. The P2P and wealth management, China-based firm invests in spaces that are underfunded, particularly those in SME lending. In this Forbes interview, managing director of Creditease, Anju Patwardham, shares details...
Lav Odorovic on Penta's Success Story
Lav Odorovic is the co-founder and CEO of Penta . Odorovic is a serial entrepreneur, having set up and exited his first startup by the tender age of 21. After working several corporate jobs, he, together with several entrepreneurial friends, launched Penta, a Berlin-based neobank, offering banking services to early-stage technology companies. As...
 A Conversation with Eugene Danilkis, CEO and Co-Founder of Mambu
Eugene Danilkis, CEO and Co-Founder of Mambu (a member of the SME Finance Forum) shares with Medium how he built this fintech company. Danikis talks about his background and how it led to founding Mambu, and what the company offers. He says, "That’s what differentiates us — through our platform clients can design and launch products themselves...
Empowering SMEs with tailored finance – Interview Spotcap Co-founder and CEO Jens Woloszczak
EU-Startups' Kutlu Kazanci interviewed Jens Woloszczak, Co-founder and CEO Spotcap. Today, Spotcap operates in five countries and has recently been ranked number 32 in the Fintech 100 report featuring leading companies in the fintech industry worldwide, published by H2 Ventures and KPMG. Here is a summary of the interview with Jens Woloszczak: How...
How Fintech Startups are Assisting MSMEs, the Biggest Contributors to the Indian Economy
Abhay Bhutada writes that MSMEs are one of the chief contributors to the Indian economy, other than startups and established enterprises. He says that while contributing eight percent to the nation’s total GDP, MSMEs also provide for 40 percent of the total export. Producing over 10,000 different types of products, these small-scale ventures are...
Africa Promotes Women Entrepreneurs Better Than Silicon Valley
In this article, Entreprenuer reports that despite the tech industry’s progressive reputation, its track record for hiring, promoting and funding women is bleak: Only 17 percent of American startups have female founders. However, halfway across the globe in tech hubs like Lagos, Nigeria, and Nairobi, Kenya, 46 percent of African ventures have a...
Grid Finance CEO Derek F. Butler has plans to revolutionise the way SMEs access capital in Ireland
SME lender Grid Finance’s CEO Derek F. Butler, shares how the company is expanding its offering to include a digital pension product targeted at the owners of small businesses. Grid will act as distributor and has engaged Conexim to provide the back office infrastructure on the product. The company is riding high after receiving a €3m equity...
Keri Gohman, President of Xero Americas on How the Financial Web Is Rewiring Small-Business Economy
Keri Gohman, the President of Xero Americas spoke to the role of collaborative work in the financial services industry, and why small business banking in the U.S. required stronger ties between the tech and banking community to rewire small-business economy. In Gohman’s current role, she leads team of individuals focused on transforming financial...