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United Commercial Bank Limited Joins 150 Other Financial Institutions to Promote SME Finance

Washington, D.C. December 11, 2018 – United Commercial Bank (UCB) Limited 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. 

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Accion Finance Joins 150 Other Financial Institutions to Promote SME Finance
Washington, D.C. November 6, 2018 –  Accion 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: DBS Officially Releases New Programme for Startups
SME Finance Forum member, DBS launched Startup Xchange, a new business-matching programme for startups. The programme will support DBS, and their corporate and SME clients find solutions for their business by utilizing expert startups. According to the article, the initiative aims to reverse the downward trend happening with accelerator programmes...
BBVA Open Talent Fintech Competition Launches for its Tenth Year
Once again the competition will look to find the very best fintech ideas from anywhere in the world before offering the winners the chance to grow their business with a leading global business. BBVA is looking for the fintech ideas that will shape the future of banking, that will support customers to make the most of their money and their data,...
50 Start-ups Participate in the World Economic Forum in Brazil in the framework of a New IFC and WEF Initiative
The World Economic Forum and the International Finance Corporation (IFC) selected 50 leading start-ups from Latin America, to be part of a special program during the annual regional meeting of said forum in Brazil. During the Forum, you will be able to take advantage of a wide network made up of investors and business leaders from all over the...
Member News: Mastercard to Expand Technology Hub in New York City
Mastercard jointly announced with Governor Andrew Cuomo that it will add to its New York state operations with the expansion of its New York City Technology Hub. The company will relocate its current tech hub operations to a new Flatiron location at 150 Fifth Avenue and nearly triple its work force through the creation of over 470 new jobs by 2024...
Tide app founder
Tide, a digital-only banking app aimed at small businesses, has partnered with online lender iwoca, in a move to allow small companies access to loans of up to £100,000. Led by specialist fintech investor Anthemis, along with Passion Capital, LocalGlobe and Creandum, the company that backed Spotify, the startup raised $14 million. This is one of...
Dubai startups get new funding sources
Platform offers SMEs crowd funding and peer to peer finance. The Mohammed Bin Rashid Fund (MBRF), which is the financial arm of Dubai SME, and finance platform Beehive have signed a memorandum of understanding (MoU) to aid small and medium-sized enterprises (SMEs) with their financing needs. The MoU will enable SME owners in Dubai to obtain loans...
The most important take-aways from Finance Disrupted London
Where will the FinTech finance disruption come from? Banks are massive institutions. They have a lot of customers and have been on top of this business for years. Nevertheless, FinTech do not need to replace banks to disrupt finance. They can build an interface around them. Let’s take an example: what if a FinTech company would offer you to switch...
The 11 Fintech and Banking Trends You Need to Follow
Here’s the trend breakdown, including insight from our 11:FS team: Removing friction from the customer journey Rise of insurtech Rise of regtech PSD2 forces banks and fintech to partner Reform of the bank boardroom China and emerging markets focus Chatbots, machine learning, AI Fintech gets integrated with social media Fintech gets integrated with...
Capital One Collaborates To Encourage SME FinTech Adoption
High-tech tools for the enterprise are no longer reserved for the largest, most cash-rich organizations. In recent years, innovators have begun to focus on the small business, enabling SME owners to adopt more simplified and affordable solutions, like eInvoicing or cash flow management solutions. This democratization of technology began only a few...