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NoviCap Pitches Its Fintech Services at the Global SME Finance Forum 2018
During the Global SME Finance Forum 2018, NoviCap's Co-Founder and COO, Marc Antoni Macia, demoed the company's services at the TechPitch on November 6. NoviCap is aiming to become the first pan-European invoice finance solution. The Forum's TechPitch provided an opportunity for 13 innovative fintechs to demo their product to global and emerging...
Basware Pitches Its Fintech Services at the Global SME Finance Forum 2018
During the Global SME Finance Forum 2018, Basware's Director, Markus Lyyra, demoed the company's services at the TechPitch on November 6. Basware is a E-invoicing / Factoring platform for SMEs. The Forum's TechPitch provided an opportunity for 13 innovative fintechs to demo their product to global and emerging market investment firms, financial...
INVYO Pitches Its Fintech Services at the Global SME Finance Forum 2018
During the Global SME Finance Forum 2018, INVYO's Co-Founder and COO, Xavier Gomez, demoed the company's services at the TechPitch on November 6. INVYO provides financial institutions with predictive analytics, sourcing, competitive and business intelligence tools, on Fintech companies. The Forum's TechPitch provided an opportunity for 13...
Banks Are Unable to Pay Mexican SMEs
Euromoney says SMEs account for nine out of every 10 businesses in Mexico, however only a third have access to finance. “Despite numerous financial institutions operating in the market, financial services penetration remains low,” said Norbert Schneider, principal investment officer for Mexico at the IFC. SMEs in the country are lacking credit...
10+ Innovative Fintechs to Demo the Global SME Finance Forum 2018
The Global SME Finance Forum 2018 will explore how innovation in technology, regulation and partnerships can help overcome various informality problems, and open up a far larger market for profitable, sustainable, responsible financial services. The TechPitch will be held in the afternoon of November 6, and will provide an opportunity for...
Member News: Xero Partnered With Tyro, Australia’s Business-Only Bank to Enhance Its EFTPOS Solution
Tyro is able to offer flexible, same-day settlement and payroll integration to benefit Australian SMEs, due to SME Finance Forum member Xero’s accounting software. Tyro has deleted an extra step of separately processing payroll, instead merchants can submit their information directly through Xero, which is linked to a Tyro Smart Account, according...
Blockchain’s Influence on the Insurance Industry
Medici examines the potential blockchain can have on the insurance industry. According to the article, blockchain is the answer to various stress-points throughout the insurance value chain. Areas where blockchain applications are being developed include: claims management and verification, new product and platform development, and record keeping...
Banking in the Digital First World: A New Reality for SME Banking
SMEs have continued to face hardships, despite being a vital source to economic growth. One issue regarding SMEs, is their ability to “outpace” banks. In the report by Medici, solutions for this problem included: cognitive accounting platforms, invoice discounting, e-invoicing, SME credit scoring & lending, API-based bulk payouts, expense...
Basware Joins 140 Other Financial Institutions to Promote SME Finance
Washington, D.C., August 14, 2018 – Basware 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 to...
Member News: Xero Alongside BNZ and Joy Business Academy, Launch Interactive Game for New SMEs
Thinking of starting your own business? An interactive game allows for new business owners to test the waters by creating their own business in a virtual world. “Every year SMEs are constrained through a combination of external pressures, lack of business experience and commercial acumen,” shared Hon. Carmel Sepuloni, Minister for Social...