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

Deputy Governor of Bank of Ghana Elsie Addo Awadzi Discusses Sustainable SME Finance in Ghana
Deputy Governor of Bank of Ghana (BoG) Elsie Addo Awadzi, recently shared her perspective on financial inclusion and the pillars of sustainable SME finance with the Alliance for Financial Inclusion (AFI) in Kuala Lumpur. She shares what her three key lessons are for the best way to make SME finance sustainable in Ghana, regulations role, how SME...
Finding a Financial Solution for Small Businesses
Multi-award winning businesswoman Darlene Menzies plans to become the lead generator and matcher of small business loans in the Southern African Development Community (SADC) region in the next five years. Menzies is chief executive of Finfind, an online access to finance solution for SMMEs supported by the Department of Small Business Development...
Accountants Should Take Note of SMEs at Risk of Rising Interest Rates
As the UK’s near-zero interest rate era comes to an end, small businesses are exposed to rate rises. Marc Bajer, CEO of Hadrian’s Wall Capital, discusses why corporate finance teams in accountancy firms should take note. He says "As the UK’s near-zero interest rate era comes to an end, small businesses are exposed to rate rises. With another Bank...
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...
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...
Goldman Sachs CEO Lloyd Blankfein Shares Perspective on Women Entrepreneurs
Lloyd Blankfein is Chairman and CEO of Goldman Sachs. In this exclusive IFC Perspectives interview, he talks about the Goldman Sachs Foundation’s groundbreaking 10,000 Women initiative and the Women Entrepreneurs Opportunity Facility (WEOF), a first-of-its-kind partnership with IFC, to improve access to finance for SMEs owned or run by women...
Blended Finance - A Stepping Stone to Creating Markets
At the heart of IFC’s approach to blended finance are efforts to create and help sustain private markets with strong development impact. This note explores the role of blended finance in creating markets and looks at lessons from three blended finance projects and structures—and how each contributed to the creation of markets that are scalable,...
IFC and VCs Want To Take Emerging Market Microfinance To Mobile
Several venture capital firms are working with the International Finance Corporation (IFC). A member of the World Bank Group, the IFC is partnering with Chicago-based Victory Park Capital (VPC) to launch a new fund to provide debt to for online lending by fintech lenders in the developing world. The partnership aims to improve access to debt...
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...
With a High Loan Approval Rate, Alternative Lenders Are Easing the Credit Burden on Small Businesses
MEDICI's Diwakar Mandal shares the factors of a strong economic growth, rising interest rates, and a growing digitization in the lending space by the emergence of alternative lenders that have been key drivers of growth in SME lending. He says, banks have traditionally been a custodian of customer relationships in the SME lending space. However,...