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Global SME Finance Forum 2017 - Meet our Study Visit Hosts

The Global SME Finance Forum 2017 will be held November 1-3 in Berlin, Germany. This annual flagship event of the SME Finance Forum, which focuses on “digitization of SME finance,” will convene senior executives from financial institutions, fintechs and regulators from both emerging and developed countries.

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New payment solution developed in partnership between Visa and fintech Validus helps SMEs resolve capital crunch
Small and medium enterprises (SMEs) will be able to receive payments faster through a virtual credit card solution which facilitates cash flow to businesses. Developed in partnership between credit card company Visa and FinTech developer Validus, the payment solution is the first of its kind in Singapore, and seeks to unlock capital for SMEs to...
Member News: How Ant Financial, Part of Alibaba, Will Dominate Finance
Alibaba has been a trailblazer in many ways. One area that Alibaba wants to dominate is finance for both consumers and SMEs and they are well on their way. Ant Financial , their financial services subsidiary, is executing on this vision and last week Eric Jing, CEO of Ant Financial, delivered a presentation explaining their approach. To put the...
Awareness key barrier to SME lending growth
While tighter banking restrictions have forced more small and medium enterprise (SME) borrowers towards non-bank lenders, a lack of awareness is still hindering real growth within the sector. The Disruption Index, which has been jointly developed by small business lender Moula and research and consulting firm Digital Finance Analytics (DFA), puts...
At $3 Billion in Loans, Amazon is Quickly Becoming a Huge SME Lender
Amazon announced today that it had originated over $3 billion in loans to more than 20,000 small businesses since 2011. One billion of those loans came in the past 12 months. Peyush Nahar , VP for Amazon Marketplace, released a statement on the milestone; “We created Amazon Lending to make it simple for up-and-coming small businesses to...
The Role of Social Media in Extending Financial Opportunities – FinTech Examples
The number of social media users worldwide has reached 2.34 billion and is expected to grow to ~2.95 billion by 2020. Social media users generate 500 million tweets every day, and share 1.3 million pieces of content on Facebook every minute of every day, not mentioning other widely adopted channels. Two things allowed social media to become a...
Blockchain-Based Loans Could Rescue SMEs Without Other Funding Options
The strength of every nation’s economy is usually a direct reflection of the viability of the Small and Medium scale Enterprise (SME) sector. The impact of SMEs on the Gross Domestic Product (GDP) of nations cannot be over-emphasized. In most cases, especially developing countries, SMEs account for as much as 35-40% of the total GDP. SMEs lack of...
Member News: ASIFMA's Report Offers Ten Guidelines on Best Practices for Fostering Fintech in the Region
Differing regulatory standards among various jurisdictions are hindering the development of financial technology (fintech) in Asia, according to a Hong Kong-based financial lobby group. While the rapid evolution and development of fintech provide enormous potential for increased productivity and efficiencies in the way financial services are...
SME lender launches new funding platform
SME lender Sancus Finance has launched a new platform targeted at investors looking to finance businesses online. Sancus specialises in providing short-, medium- and long-term finance solutions for businesses which need working capital finance to realise their growth plans. The platform matches funders with businesses looking for fast financing...
Plum Banks Future On Facebook Messenger
Plum , a London-based FinTech startup using AI-driven or “smart” chatbots to help people manage their finances, is betting that Facebook Messenger will become the go-to place for people to handle their money. TechCrunch reports that with the social network expected to launch friend-to-friend payments in Europe soon, Plum’s Co-Founder, Victor...
How One Fintech Company Created Lifestyle Banking In Vietnam
If you’re a young professional in Hanoi or Ho Chi Minh City, the last thing you want to do is wait in long lines to sign up for a bank account or transfer money. You’ve got work to do, children to care for, and social responsibilities to which you need to attend. Getting tangled in old school banking bureaucracy only throws a wrench into your busy...