From the U.S. to Mexico to India to sub-Saharan Africa, SMEs’ need for access to capital is universal. What differs across geographic markets, however, is how small businesses can gain that access. For some, it’s through their traditional banks. For others, underbanked markets need FinTech innovations to see financing.

The particulars of each geographic market affect everything from how lenders underwrite loans to the technologies by which small businesses access funds, according to PayPal Head of Global Social Innovation Sean Milliken and Village Capital Managing Director Allie Burns.

PayPal and Village Capital have just expanded their partnership in an effort to, as they say, “democratize” access to financing for entrepreneurs and SMEs in various markets across the globe. Their latest moves see them working with small businesses in Latin America, the U.S., sub-Saharan Africa and India.