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Mastercard Uses Technology and Partnerships to Drive Innovation and Create Value for SMEs
James Anderson, executive vice president, Digital Payment Products, discusses how Mastercard is using supply chain to power business, and looking at more ways in which they can make payment flows within the supply chain more efficient. In Kenya, Mastercard partnered with Unilever and Kenya Commercial Bank (KCB) to create Jaza Duka, a program that...
CashDirector Joins 150 Other Financial Institutions to Promote SME Finance
Washington, D.C. February 12, 2019 –  CashDirector became the newest member of the SME Finance Forum, a global membership network that brings together financial institutions, technology companies, and development finance institutions to share knowledge, spur innovation, and promote the growth of SMEs. “200 million businesses worldwide need...
Matthias Kröner, CEO of FIDOR Bank Talks Banking at the Global SME Finance Forum 2018
During the Global SME Finance Forum 2018, Matthias Kröner, CEO of FIDOR Bank talked about open banking, APIs, social banking, and the failings of traditional banks regarding applications. “I understand the regulatory need for [applications], but it’s also creating an attitude. It’s kind of, I’m superior you’re minor. There’s the proof, because...
Member News: Equity Bank in SME Advisory Deal with IFC
Reports say the IFC is offering technical advisory services to Equity Bank, an SME Finance Forum member, with the aim of helping the lender to better serve its base of small and medium-sized (SME) customers. “This is a banking advisory services project with Equity Bank Kenya Ltd and is designed to increase Equity Bank efficiency to serve its SME...
Taking Women Entrepreneurs to the Bank in Romania
IFC and Garanti Bank Romania launched a joint report highlighting the importance and impact of increasing access to finance for the country’s women entrepreneurs. “Taking Women Entrepreneurs to the Bank in Romania”, shows the impact of Garanti Bank Romania’s Women SME Banking Program. Garanti Bank was the first bank to focus on the needs of women-...
Ukrgasbank
Washington, D.C. February 5, 2019 – Ukrgasbank became the newest member of the SME Finance Forum, a global membership network that brings together financial institutions, technology companies, and development finance institutions to share knowledge, spur innovation, and promote the growth of SMEs. “200 million businesses worldwide need financing...
BASIX -Sub-K Joins 150 Other Financial Institutions to Promote SME Finance
Washington, D.C. January 24, 2019 – BASIX – Sub-K (Sub-K) became the newest member of the SME Finance Forum, a global membership network that brings together financial institutions, technology companies, and development finance institutions to share knowledge, spur innovation, and promote the growth of SMEs. “200 million businesses worldwide need...
Member News: CDC Invests $15 Million in CCA to Support Nigeria’s Small Businesses
CDC, the UK’s development finance institution, has announced a new investment designed to support high-growth SMEs in Nigeria. CDC has made a US$15 million commitment to CardinalStone Capital Advisors Growth Fund (“CCA”). CCA is a first-time, Nigeria-focused fund that targets SMEs across six sectors: agriculture, industrials, FMCG, healthcare,...
Member CBN Unveils National Financial Inclusion Strategy
The Central Bank of Nigeria on Thursday unveiled the National Financial Inclusion Strategy designed to ensure that at least 80 per cent of Nigerians have access to banking and other financial services. The revised strategy recognises the imperative for prioritizing the foundational constraints, the importance of innovation and the need to create...
Video: Finance Professionals Attend the Global SME Finance Forum 2018 Study Tour
Banking and finance professionals attended the Global SME Finance Forum 2018's study tour on November 5 in Madrid. The tour featured 12 financial institutions and fintechs that have best in class, innovative ways of serving SMEs clients. One of the participants said the tour was time well spent. "They shared so many things that actually blew my...