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Ankur Mehrotra, Managing Director of Grab Talks Expansion During the SME Finance Forum 2018
During the Global SME Finance Forum 2018, Ankur Mehrotra, Managing Director of Grab details their expansion from a ride-hailing app to the largest offline-to-online (O2O) platform in South East Asia. ‘We have taken the Grab financial umbrella from E-Wallet - to cater to those without a bank account - to other forms of financial services such as...
World's First Private Sector Gender Bond Finances Women-Owned SMEs in Emerging Markets
IFC invested $75 million in a Gender Bond issued by Turkey’s Garanti Bank (a SME Finance Forum member). IFC details the story of how and why the investment with Garanti was a bold one. The bank, which is known in the market for its commitment to access to finance for women, is the first private sector bank in the world to launch a gender bond...
Member News: Fidor Recognized for New E-commerce Inspired Marketplace, Efficient Scale
SME Finance Forum member Fidor has been recognised by Celent as a winner of a “Model Bank of the Year” for its novel marketplace, Efficient Scale. The award was presented at a formal awards ceremony during the annual Innovation and Insight Day in New York. Celent, the global research and advisory firm for the financial services industry, was...
Bitbond CEO Talks Innovation in the Lending Industry
Radoslav Albrecht is the Founder and CEO of Bitbond, a global lending platform for small business loans. The SME Finance Forum member, leverages blockchain technology to connect creditworthy borrowers with individual and institutional investors. Recently, Anthony Manfre interviewed Radoslav to learn more about how Bitbond is leading innovation in...
Report: Fintechs Taking Large Chunk of SME Lending Sector
According to a survey of 2000 directors at UK SMEs, almost half of UK SMEs (49%) would seek financing from non-bank lenders as they begin to better understand the business models of companies in this space, including fintechs. A Leeds-based fintech known as Rebuilding Society, founder Dan Rajkumar, recently said: “When you are a business and you...
Increasing the Role of Fintechs for Financial Inclusion
Financial inclusion and its role in economic development was highlighted at the G20 meetings in 2017 and again in 2018. Small and medium-sized enterprises (SMEs) have been shown to account for the creation of significant numbers of new jobs, but an estimated two billion people around the world lack access to an account for even the most basic...
From supporting sustainable agriculture in Burkina Faso to tech start-ups in Kenya, here’s a snippet of IFC's work across Africa.
José González-Páramo, Executive Board Director for BBVA Says ‘New Competitors in the SME Finance Space Make Banks Better’ During the SME Finance Forum 2018
During the Global SME Finance Forum 2018, José González-Páramo, Executive Board Director for BBVA, shares why BBVA is focusing their activities around SMEs and the changes happening within supply and demand. Páramo shared, “Bank funding is the main source of external financing for SMEs. We focus on what makes it difficult for them [SMEs] to access...
World FinTech Report 2018
Capgemini and LinkedIn, in collaboration with Efma, developed the World FinTech Report 2018 based on a global survey encompassing responses from traditional financial services firms and FinTech firms including banking and lending, payments and transfers, investment management, and insurance. Questions sought to yield perspectives from both FinTech...
Join More than 11,000 SME Finance Experts on the SME Finance Forum LinkedIn Group
The SME Finance Forum LinkedIn provides an opportunity for financial experts to view the latest news, reports, data and discussions regarding the SME finance field. The group is comprised of more than 11,000 bank executives, investors, advisory service providers and financial technology experts, who share knowledge, spur innovation, and promote...