Articles

Why Women-Owned Startups Are a Better Bet

According to Boston Consulting Group research, when women business owners pitch their ideas to investors for early-stage capital, they receive significantly less funding — a disparity that averages more than $1 million— than men. Yet businesses founded by women ultimately deliver higher revenue—more than twice as much per dollar invested—than those founded by men, making women-owned companies better investments for financial backers.

Articles

Articles

How Paypal Became Small Business Owner (and Industry Luminary) Jim Marous' Primary Bank
Jim Marous is co-publisher of The Financial Brand and publisher of the Digital Banking Report , a subscription-based publication that provides deep insights into the digitization of banking, with over 150 reports in the digital archive available to subscribers. As a small business owner, Jim Marous shares why PayPal became his primary 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...
Five Highlights from the Africa SME Finance Forum: Day 1
Through the first Africa SME Finance Forum, IFC, financial institutions and entrepreneurs are seeking to find solutions to close the $331 billion SME finance gap across the continent. The conference on May 15-16 explores local and global best practice SME banking solutions to harness digital technology, e-commerce and blockchain, to promote youth...
PayPal COO Bill Ready Talks AI Innovation
As companies continue their march toward digitization, they’re increasingly adding artificial-intelligence (AI) techniques to their value-creation toolboxes. In this McKinsey conversation with Bill Ready, chief operating officer at PayPal, he explains how cloud platforms are making AI available to a wider set of users, unlocking a plethora of...
How Digital Innovation Can Increase Small Business Access To Finance In Asia
Small- and medium-sized enterprises (SMEs) are a key contributor to economic activity around the world as an important source of jobs, growth, and innovation. Despite their essential role, SMEs receive a disproportionately small share of credit from the financial system, a trend that persists across developed and developing countries, including in...
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...
Looking To The Cloud: Small Businesses Embracing Apps
As cloud-based tools proliferate, small businesses looking to be more nimble, efficient and organized have been turning to them for a variety of key tasks, from billing, scheduling and collaboration to project management, time tracking, video conferencing, marketing, hiring and customer engagement. Cloud applications, or software-as-a-service apps...
Maya Margie Younes on Women's Financial Inclusion
Maya Margie Younes is the Head of Marketing at BLC Bank with 20 years’ experience in the banking sector. Before moving her focus to BLC, she had spent several years at American Express Bank, involved in various roles such as business development, strategy and risk management. She played a pivotal role in the strategy and implementation of the...
How High-Tech Allowed Us to Be More High-Touch
Financial Inclusion Week is a week of global conversation on the most important steps to advance financial inclusion. This year, stakeholders explored how new products and partnerships are empowering customers. Building on the momentum, SME Finance Forum member, Mambu, shared stories of their clients who have gone digital to inspire organisations...
5 Questions for FINCA Guatemala’s CEO
Sona Gandhi began her microfinance work in India and Malawi, and has been with SME Finance Forum member FINCA since 2005, assuming leadership positions in the U.S. and Jordan. Since 2015, Gandhi has served as the CEO of FINCA Guatemala. Under her inspired leadership, FINCA says it has introduced innovative health and life insurance products now...