Library

Interviews

Library

Key Considerations for Open Finance
Digital Transformation
November 2024 Highlights Open finance is a financial innovation that facilitates customer-permissioned access to and use of customer data held by financial institutions to provide new and enhanced services and develop innovative business models. Open finance frameworks can spur innovation, improve competition, enhance customer empowerment, and...
From challenges to opportunities: The journey of persistence, resilience, and growth
Sustainable Finance
The Small and Medium Enterprise (SME) sector in Pakistan plays a pivotal role in the national economy, contributing approximately 40% to GDP and providing employment to millions. Despite its significance, the sector faces numerous challenges that hinder its growth and development. Key barriers include limited access to finance, complex...
Registrations for the 10th GABV Leadership Academy now open - Deepen Your Leadership Impact
Financial Education
10 Years of Leadership Excellence - Registration Now Open for the 2025 GABV Leadership Academy Dear GABV members, We are excited to announce the 10th edition of the GABV Leadership Academy —a milestone in shaping resilient leaders in values-based banking! Registrations are now open until 5 December 2024. This year’s programme, ' Resilience in the...
2024 Financial Access Survey (FAS) Annual Report – 15th Anniversary Edition
Digital Financial Services
IMF Releases the 2024 Financial Access Survey Results October 30, 2024 Washington, DC: The International Monetary Fund (IMF) released the results of the 2024 Financial Access Survey (FAS), marking the 15th anniversary of the FAS. The report “FAS: 2024 Highlights,” published along with the data release, summarizes the key trends on access to and...
Nepal Bankers’ Association, an Umbrella Organisation of all 'A' Class Commercial Banks of Nepal, joins the SME Finance Forum
Governance
Washington D.C, Nov 11, 2024 – Nepal Bankers’ Association , an Umbrella Organisation of all 'A' Class Commercial Banks of Nepal has joined the SME Finance Forum as the global membership network’s latest member. The 300+ members/affiliates of the Forum are SME financing experts operating in 190 countries who share the common goal of expanding...
Banking for SMEs: The voice of the makers
Digital Transformation
Fintech
A follow-up series of Banking for small and medium enterprises by IBM Institute for Business Value Small and medium-sized enterprises (SMEs) form the backbone of the global economy, representing 90% of all firms, employing approximately 70% of the world’s workforce, and contributing 50% to global GDP.* Despite their significance, SMEs face many...
10x1000 Tech for Inclusion, an open and global learning platform, joins the SME Finance Forum
Financial Inclusion
Washington D.C, Nov 1, 2024 – 10x1000 Tech for Inclusion , an open and global learning platform has joined the SME Finance Forum as the global membership network’s latest member. The 300+ members/affiliates of the Forum are SME financing experts operating in 190 countries who share the common goal of expanding access to finance to small businesses...
Middle market businesses are a growth engine for the global economy
Digital Transformation
A white paper outlining one of Mastercard's Point of View (POVs) on SMEs. Many entrepreneurs eventually outgrow their small business roots to become middle market firms. This fast-growing, resilient sector of the global economy, employing 50 to 250 employees, is responsible for a large portion of commercial spending — $24.2 trillion in B2B spend...
Unlocking the Decarbonization of SMEs: How Public Development Banks Are Supporting SMEs And Measuring The Success of Their Solutions
Sustainable Finance
As the world faces the urgent challenge of climate change, financial institutions, especially Public Development Banks (PDBs), are crucial in helping Small and Medium Enterprises (SMEs) transitioning to a low-carbon economy. This publication reviews the different solutions offered by 16 Public Development Banks (PDBs) to support the...
Inclusive Fintech: How Startups are Bridging the Finance Gap for Microenterprises
Fintech
October 2024 Highlights: Inclusive fintech startups are early-stage, venture-backed enterprises creating innovative credit products for microenterprises in emerging markets, which holds great promise for the future of microenterprise finance. In this note, we highlight strategies employed by fintech startups that benefit microenterprises via three...
Financier of the Year: Worlds’ biggest financial leaders applaud C2FO for job-creating capital access
Fintech
By: Tommy Felts - October 04, 2024 Sandy Kemper, founder and CEO of C2FO, speaks during a panel conversation at the 2024 SME Finance Forum in São Paulo, Brazil; photo courtesy of C2FO C2FO would’ve been profitable in the US alone, CEO says; how solving for global needs made it an even stronger fintech leader T he impact of one Kansas City-built...
Business Ready (B-READY) 2024
Trade Finance
Policy & Regulation
Business Ready (B-READY) 2024 report assesses the regulatory framework and public services directed at firms, and the efficiency with which regulatory framework and public services are combined in practice.
The World Bank Group and Partners Launch Sustainable Finance Knowledge Center for Francophone Africa
Sustainable Finance
Washington, D.C., October 1, 2024 - The World Bank Group and partners have launched the “ Sustainable Finance Knowledge Center for Francophone Africa ” today. A first preview of the center was presented two weeks ago at the annual Global Meeting of the SME Finance Forum in Brazil. This virtual platform, available in both English and French, is...
Cooler Finance
Sustainable Finance
Mobilizing Investment for the Developing World's Sustainable Cooling Needs Rising global temperatures mean demand for cooling in homes, workplaces, and across supply chains is accelerating, particularly in developing economies where the impact of extreme heat is already being felt most acutely. Heat-related deaths are running at an annual average...
AI in Finance: Bridging the Inclusion Gap
Financial Inclusion
Fintech
June 5, 2024 | Washington DC EMpact is helping build AI Labs within our partner organizations as a part of our effort to accelerate digital transformation of agricultural value chains and relevant financial services. Today, EMpact published a new white paper that delves into the pivotal role of Artificial Intelligence (AI) in propelling financial...
Banking for small and medium enterprises
Data Analytics
Fintech
Small and medium enterprises face many challenges within a rapidly evolving economic landscape—one that demands innovative banking solutions. Small and medium-sized enterprises (SMEs) form the backbone of the global economy, representing 90% of all firms, employing approximately 70% of the world's workforce, and contributing 50% to global GDP. But...
KoreFusion Consulting, a boutique strategy consulting and investment bank focused on SME payments and financing in North America and Western Europe, joins the SME Finance Forum
Non Financial Services
Equity
Washington D.C, September 30th, 2024 – KoreFusion Consulting , a boutique strategy consulting and investment bank focused on SME payments and financing in North America and Western Europe has joined the SME Finance Forum as the global membership network’s latest member. The 300+ members/affiliates of the Forum are SME financing experts operating...
IBM Study: Global Banking Industry’s Focus on Risk Mitigation, Regulatory Obligations and Cost Containment May Hinder the Potential of Small to Medium-Sized Companies to Grow
Financial Inclusion
Digital Transformation
Divergent views among business leaders and bankers on priorities uncover a white space for nimble financial institutions to compete in this varied market segment. ARMONK, N.Y., September 18th, 2024 – New findings from IBM’s (NYSE: IBM) Institute for Business Value and the Banking Industry Architecture Network (BIAN), with contributions from the...
InvoSoko Africa, a leading SMEs focused Supply Chain Finance solutions provider in Sub-saharan Africa, joins the SME Finance Forum
Supply & Value Chain Finance
Washington D.C, Aug 30, 2024 – InvoSoko Africa, a leading SMEs focused Supply Chain Finance solutions provider in Sub-saharan Africa has joined the SME Finance Forum as the global membership network’s latest member. The 300+ members/affiliates of the Forum are SME financing experts operating in 190 countries who share the common goal of expanding...
Global SME Finance Forum 2024 - VIDEO TEASER
Digital Financial Services
Digital Transformation
The Global SME Finance Forum is the largest, most geographically diverse and cutting-edge gathering on SME finance, which brings together experienced global leaders to facilitate the exchange of insights, promote best practices, and chart the future trajectory. Since 2015, its forward-thinking agenda, tackling topics such as sustainable finance...
Handbook - Supply Chain Finance Knowledge Guide
Supply & Value Chain Finance
Supply Chain Financing (SCF) is becoming an increasingly common vertical within the banking industry. The global credit crisis of 2008 forced trade finance seekers to look for alternatives as liquidity in supply chains became a major concern for businesses. This spurred an increased demand for supply chain financing as businesses worked to...
Participate in the 360tf SMEs Trade Finance Survey 2024 Edition
Trade Finance
We are glad to announce the launch of the " 360tf SMEs Trade Finance Survey 2024 Edition ," in partnership with Middlesex University Dubai . This survey is a unique opportunity for the SME community to voice their opinions and shape the future of SME trade finance in the UAE . The survey aims to gather feedback and insights that will drive...
Jocata, a leading global digital lending transformation partner, joins SME Finance Forum
Data Analytics
Digital Financial Services
Washington D.C, July 18, 2024 – Jocata, a leading digital lending transformation partner has joined the SME Finance Forum as the global membership network’s latest member. The 300+ members/affiliates of the Forum are SME financing experts operating in 190 countries who share the common goal of expanding access to finance to small businesses...
WeGro, a leading agri-fintech in Bangladesh, joins the SME Finance Forum
Rural & Agriculture Finance
Washington D.C, July 15, 2024 – WeGro , a leading agri-fintech in Bangladesh has joined the SME Finance Forum as the global membership network’s latest member. The 300+ members/affiliates of the Forum are SME financing experts operating in 190 countries who share the common goal of expanding access to finance to small businesses worldwide through...
State of AI in Financial Services: 2024 Trends
Data & Cybersecurity
Digital Financial Services
AI Takes Center Stage: Survey Reveals Financial Industry’s Top Trends for 2024 The world’s leading financial services institutions spotlight where AI is providing the best return on investment. January 11, 2024 by Kevin Levitt The financial services industry is undergoing a significant transformation with the adoption of AI technologies. NVIDIA’s...
Bank of Kigali, the largest bank in Rwanda by total assets, joins the SME Finance Forum
Rural & Agriculture Finance
Washington D.C, July 11, 2024 – Bank of Kigali , the largest bank in Rwanda by total assets has joined the SME Finance Forum as the global membership network’s latest member. The 300+ members/affiliates of the Forum are SME financing experts operating in 190 countries who share the common goal of expanding access to finance to small businesses...
A microscope on small businesses: The productivity opportunity by country
The recent McKinsey Global Institute report A microscope on small businesses: Spotting opportunities to boost productivity estimated that micro-, small, and medium-size enterprises (MSMEs) account for two-thirds of business employment in advanced economies— and almost four-fifths in emerging economies—as well as half of all value added.1 In this...
Receivables Exchange of India Limited (RXIL), a leading MSMEs focused digital platform in India, joins the SME Finance Forum
Supply & Value Chain Finance
Washington D.C, July 9th, 2024 – Receivables Exchange of India Limited (RXIL) , a leading MSMEs focused digital platform in India has joined the SME Finance Forum as the global membership network’s latest member. The 300+ members/affiliates of the Forum are SME financing experts operating in 190 countries who share the common goal of expanding...
MSME Day 2024: Leveraging Power and Resilience of Micro-, Small and Medium-sized Enterprises to Accelerate SDGs and Eradicate Poverty in Times of Multiple Crises
Financial Inclusion
Sustainable Finance
The 2024 MSME Day offers an opportunity to discuss and exchange ideas on how Key stakeholders, including policy makers, large companies, financial institutions, and the international community can support micro-, small and medium-sized businesses to advance the 2030 Agenda and contribute to achieving the SDGs, including poverty eradication and...
Akbank, a Turkish bank founded in 1948, joins the SME Finance Forum
Washington D.C, June 13, 2024 – Akbank , a Turkish bank founded in 1948 has joined the SME Finance Forum as the global membership network’s latest member. The 300+ members/affiliates of the Forum are SME financing experts operating in 190 countries who share the common goal of expanding access to finance to small businesses worldwide through...
ICICI Bank, one of the leading private sector banks in India, joins the SME Finance Forum
Washington D.C, June 4, 2024 – ICICI Bank , one of the leading private sector banks in India, has joined the SME Finance Forum as the global membership network’s latest member. The 300+ members/affiliates of the Forum are SME financing experts operating in 190 countries who share the common goal of expanding access to finance to small businesses...
Kapitale a leading digital platform for SMEs in Brazil joins the Forum
Fintech
Washington D.C, May 27, 2024 – Kapitale , one of the most innovative fintechs in receivables anticipation in Brazil, has joined the SME Finance Forum as the global membership network’s latest member. Created by the G20 in 2012 and managed by the International Finance Corporation (IFC), the SME Finance Forum has more than 300 members/affiliates who...
AgriAnalytica, a leading digital platform for MSMEs in Ukraine, joins the SME Finance Forum
Alternative Financing
Digital Financial Services
Washington D.C, May 23, 2024 – AgriAnalytica , a leading digital platform for MSMEs in Ukraine has joined the SME Finance Forum as the global membership network’s latest member. The 300+ members/affiliates of the Forum are SME financing experts operating in 190 countries who share the common goal of expanding access to finance to small businesses...
Leader Dialogue Series - Interview with Sucharita Mukherjee - Co-founder & CEO - Kaleidofin
Financial Inclusion
Digital Financial Services
Digital Transformation
Learn from Sucharita Mukherjee - Co-founder & CEO at Kaleidofin, about her of experience in attending the Global SME Finance Forum and the importance of digitization in the Indian market for financing SMEs, the role of digital platforms in serving underserved markets, and the potential for structured, systematic south-to-south learning and...
Leader Dialogue Series - Interview with Sandeep Varma – CEO - CGTMSE
Guarantees
Digital Financial Services
Learn from Sandeep Varma, CEO at CGTMSE, about his experience attending the Global SME Finance Forum and the role of credit guarantee schemes in helping MSMES access to finance. He also discusses the potential of technology to improve the efficiency and reach of credit guarantee schemes. This interview was led by Hans Koning, Global Chief Industry...
Leader Dialogue Series - Interview with Peter Simon - Managing Director - WSBI-ESBG
Digital Financial Services
Digital Transformation
Learn from Peter Simon, Managing Director at WSBI-ESBG, about his experience attending the Global SME Finance Forum and how WSBI helps its member banks to adapt and improve their digital services. This interview was led by Hans Koning, Global Chief Industry Specialist, Digital Finance at IFC. " Very impressive to see so many different actors f rom...
Leader Dialogue Series - Interview with Prashant Muddu - Founder and CEO - Jocata
Financial Inclusion
Credit Risk & Scoring
Fintech
Learn from Prashant Muddu - Founder and CEO at Jocata, about his experience attending the Global SME Finance Forum, the importance of digital public infrastructure, the challenges and opportunities in adopting AI, and the need for financial literacy and technology adoption across different geographies. This interview was led by Hans Koning, Global...
Leader Dialogue Series - Interview with Rajeev Chalisgaonkar - Executive Vice President - Mashreq Bank
Digital Financial Services
Learn from Rajeev Chalisgaonkar - Executive Vice President at Mashreq Bank, about his multiple years of experience attending the Global SME Finance Forum and the importance of digital stacks for SME financing, fintech pitches, and the evolution of ideas into successful businesses. This interview was led by Hans Koning, Global Chief Industry...
Amret, a leading microfinance institution and one of the top 10 financial institutions in Cambodia, joins the SME Finance Forum
Rural & Agriculture Finance
Washington D.C, May 20, 2024 – Amret Microfinance Institution , a Cambodia leading microfinance institution and one of the top 10 financial institutions in the country has joined the SME Finance Forum as the global membership network’s latest member. The 300+ members/affiliates of the Forum are SME financing experts operating in 190 countries who...
Caja Huancayo Joins SME Finance Forum: Enhancing Financial Services for SMEs in Peru
Washington D.C, May 15, 2024 – Caja Huancayo , a leading financial institution in Peru has joined the SME Finance Forum as the global membership network’s latest member. The 300+ members/affiliates of the Forum are SME financing experts operating in 190 countries who share the common goal of expanding access to finance to small businesses...
Bank of Punjab, a leading SME focused bank from Pakistan, joins the SME Finance Forum  
Washington D.C, May 14, 2024 – Bank of Punjab , a leading SME focused bank from Pakistan has joined the SME Finance Forum as the global membership network’s latest member. The 300+ members/affiliates of the Forum are SME financing experts operating in 190 countries who share the common goal of expanding access to finance to small businesses...
Global SME Finance Awards 2024 -  INFORMATION SESSIONS
Digital Transformation
Global SME Finance Awards 2024 - INFORMATION SESSIONS The SME Finance Forum organizes the Global SME Finance Awards ( The Awards ) as a core part of its mission to create a unique platform for peer connections, knowledge dissemination, and innovations in SME Finance. The Forum’s extensive 240+ global network, crowds in financial institutions,...
Finternet: the financial system for the future
Data & Cybersecurity
Payments
Summary Focus Advances in digital technology have transformed people's lives in recent decades. But large swathes of the financial system are stuck in the past. Many transactions still take days to complete and rely on time-consuming clearing, messaging and settlement systems and physical paper trails. Improving the functioning of the financial...
A microscope on small businesses
Financial Inclusion
By Anu Madgavkar , Marco Piccitto , Olivia White , María Jesús Ramírez , Jan Mischke , and Kanmani Chockalingam MSMEs are vital for growth and jobs, but struggle with productivity. The route to higher productivity lies in creating a win-win economic fabric for all companies. At a glance Micro-, small, and medium-size enterprises (MSMEs) form the...
Boost Capital, a leading Singaporean fintech, joins the SME Finance Forum  
Digital Transformation
Washington D.C, April 18th, 2024 – Singapore-based fintech Boost Capital has joined the SME Finance Forum as the global membership network’s latest member. The 240+ members of the Forum are SME financing experts operating in 190 countries who share the common goal of expanding access to finance to small businesses worldwide through knowledge...
DigiAlly, a leading Singaporean fintech, joins the SME Finance Forum 
Washington D.C, April 18, 2024 - Singapore-based fintech Digi Ally has joined the SME Finance Forum as the global membership network’s latest member. The 240+ members of the Forum are SME financing experts operating in 190 countries who share the common goal of expanding access to finance to small businesses worldwide through knowledge exchange...
Embedded finance: The voice of the makers
Digital Financial Services
Financial makers discuss how to reimagine banking with embedded finance solutions that deliver financial services whenever and wherever they’re needed. A new generation of financial thinkers and makers is reimagining the conventional bank. Empowered by technology and a youthful hunger for change, they’re determined to make banking easier, more...
2024 Global Outlook for Banking and Financial Markets
Governance
Data & Cybersecurity
The game-changer: How generative AI can transform the banking and financial sectors The most essential question of the moment: how can AI help address and course-correct banks’ productivity and financial performance? Following the astonishing rise of generative AI, artificial intelligence has seized the world’s attention. Executives are either...
White Paper on Universal Trusted Credentials (UTC)
Digital Transformation
Access to affordable finance poses a persistent challenge for micro, small, and medium-sized enterprises (MSMEs) worldwide, inhibiting their potential growth and the economic development of countries that are reliant on these businesses. The rise of the digital economy has opened up new pathways for financing, but has also made digital...
2023 Latam SME Fintech report
Fintech
Payments
Summary: - Regional focus: the report foretells a surge in interest from fintechs towards SMEs in Latin America by 2024. - Innovation opportunities: it highlights the potential for innovation within the industry and identifies key areas where solutions can reshape the fintech landscape to better serve SMEs. - Targeted countries: discover which...
How Universal Trusted Credentials (UTC) can transform financial inclusion
Financial Inclusion
In November 2023, the United Nations Development Programme (UNDP) moderated the closed-door roundtable "How Universal Trusted Credentials (UTC) can transform financial inclusion" . This event brought together senior representatives from central banks, financial institutions, and other stakeholders from around the world to discuss the opportunities...
Intesa Sanpaolo’s new digital bank – Isybank
Digital Financial Services
Fintech
The launch event for isybank, Intesa Sanpaolo's digital bank, was held on 15 June at the "Shard of Glass" tower in Milan. The bank is primarily intended to serve the four million Intesa Sanpaolo customers interested in using innovative services exclusively online and on their smartphones. isybank is among the most important initiatives in the 2022...
Intesa Sanpaolo’s acquisition of First Bank in Romania
Equity
Intesa Sanpaolo acquires Romania’s First Bank from US-based private investment fund J.C. Flowers & Co., strengthening its presence in the CEE region and doubling the Group’s presence in the country. More in detail , Intesa Sanpaolo and JCF Tiger Holdings S.A.R.L., the controlling shareholder of First Bank S.A., have signed a share purchase...
International launch of SIDBI's "De-risking lending for a Brisk EV Uptake: A practical guide on de-risking measures for Electric two- and three-wheelers in India"
Sustainable Finance
Under the guidance of Niti Aayog, government primer think thank, and RMI as a knowledge partner, Small Industries Development Bank of India (SIDBI) has developed a book titled “De-risking lending for a Brisk EV Uptake: A practical guide on de-risking measures for Electric two- and three-wheelers in India" The report was released in Washington DC...
Karandaaz unveils GreenFin Innovations, offering concessional finance for enabling green economy & combatting climate change
Financial Inclusion
Sustainable Finance
Digital Transformation
Karandaaz Pakistan, a development finance platform at the forefront of promoting financial inclusion and driving digital transformation across the country, announced the launch of GreenFin Innovations (GFI), a groundbreaking initiative dedicated to scaling innovative and sustainable solutions aimed at promoting a green economy and addressing the...
TRAY Signs Partnership Agreement with Alraedah Digital Solutions for MENA Region Expansion
Digital Financial Services
Fintech
Payments
Bespoke tech solutions providers team up to empower digital transactions of small- and medium-sized business enterprises across MENA with cloud-based software Riyadh, Saudi Arabia, September 5th, 2023 – TRAY, a global leader in cloud-native enterprise-class POS systems, is pleased to announce a strategic partnership with Alraedah Digital Solutions...
Her Fintech Edge
Gender Finance
Fintech
Fintech and digital financial services have been considered a game-changer for women's financial inclusion and economic empowerment. Until now, there has been limited research that quantifies the degree to which fintech firms are actively addressing women's financial inclusion and the specific strategies that are showing success. To fill this gap...
EmpowerHer: Stories from the SME Finance Forum’s WEF CoP
Financial Education
Financial Inclusion
Alternative Financing
Gender Finance
Youth Entrepreneurship
The Forum established the Women’s Entrepreneurship Finance CoP (WEF CoP) Practice for groups of practitioners from member institutions to meet and share experiences, seek solutions to challenges that they face in financing women-SMEs. Since launching in 2022, the WEF CoP has evolved into a powerful example of how to empower women entrepreneurs...
MTN and JUMO Combine Platform Capabilities to Redefine Accessible Lending in South Africa
Alternative Financing
Digital Transformation
Fintech
Johannesburg, 6 February 2024 – MTN’s Mobile Money Platform, MoMo, and banking technology company JUMO have partnered to launch Qwikloan, which offers affordable, short-term loans in South Africa and will drive financial inclusion across the country. Qwikloan enables MoMo users to obtain small, short-term loans on their mobile phones, ranging from...
Addressing Financial and Digital Literacy Challenges for Inclusive Finance: insights from Microfinance Institutions and FinTech Organisations.
Financial Education
Financial Inclusion
Fintech
This paper investigates strategies of European microfinance institutions (MFIs) and inclusive FinTech organisations to address financial and digital illiteracy among vulnerable customers. It reveals that both MFIs and FinTech organisations focus on personalised financial education, training and coaching but adopt distinct strategies in their...
Inclusive Fintech Funding in Times of Uncertainty: Lessons Learned and Challenges Ahead
Sustainable Finance
Fintech
Slowing economic growth, rising inflation, and climbing interest rates are straining the business models for inclusive fintechs, creating significant uncertainty and new funding challenges. For the past four years, the Inclusive Fintech 50 (IF50) global innovation competition identified and elevated cutting-edge, emerging inclusive fintechs...
Fair and Accessible Credit for Small Businesses: A Guidebook for Financial Institutions
Alternative Financing
Uplinq Financial Technologies , the first global credit decisioning support platform for small business lenders, announced the publication of “ Fair and Accessible Credit for Small Businesses: A Guidebook for Financial Institutions ,” a white paper that blueprints how banks and credit unions can leverage AI technology and alternative data to...
Zenith Bank, a leading Nigerian commercial bank, joins the SME Finance Forum
Financial Inclusion
Washington D.C, January 31, 2024 – Nigeria’s Zenith Bank has joined the SME Finance Forum as the global membership network’s latest member. The 240+ members of the Forum are SME financing experts operating in 190 countries who share the common goal of expanding access to finance to small businesses worldwide through knowledge exchange and...
SME Finance Forum Member Services for Q1 and Q2 2024
The SME Finance Forum membership network consists of more than 240 member institutions active in 190 countries . The network is a unique community of SME-oriented commercial banks, non-bank financial institutions, fintech companies, and development finance institutions. UPCOMING EVENTS - Q1 and Q2 2024
Data-invisible groups and data minimization in the deployment of AI solutions: policy brief
Digital Transformation
With the rapid advancements in computational power, the decades-long vision of using and deploying artificial intelligence (AI) has become a reality. The technology’s swift development has allowed it to transform every walk of life, as it is a wide-ranging tool that enables people to rethink how to analyze data, integrate information and use the...
AccèsBanque Madagascar, a leading financial institution in the region, joins the SME Finance Forum
Financial Inclusion
Washington D.C, January 18, 2024 – AccèsBanque Madagascar has joined the SME Finance Forum as the global membership network’s latest member. The 240+ members of the Forum are SME financing experts operating in 190 countries who share the common goal of expanding access to finance to small businesses worldwide through knowledge exchange and...
Leader Dialogue Series - Interview with Michael Jongeneel – CEO - FMO
Sustainable Finance
Digital Transformation
Learn from Michael Jongeneel, about ESG data aggregation practices within FMO and digitalization benefits for SMEs. Interview led by Hans Koning, Global Chief Industry Specialist, Digital Finance at IFC. ‘I have been in Mumbai for less than 24 hours, but I already had a couple of very interesting discussions and potential collaboration with Indian...
Leader Dialogue Series - Interview with Jane Prokop - EVP of Small and Medium Enterprises - Mastercard
Digital Financial Services
Payments
Learn from Jane Prokop - EVP of Small and Medium Enterprises at Mastercard, about her experience attending the Global SME Finance Forum for the first time and the latest challenges of digitalization. This interview was led by Hans Koning, Global Chief Industry Specialist, Digital Finance at IFC. ‘It is my first time joining the SME Finance Forum...
Inclusive Finance India Report 2023
Financial Inclusion
The Inclusive Finance India Report provides a comprehensive review of the progress of financial inclusion in the country, tracking performance, highlighting achievements, and flagging gaps and issues that need to be addressed at the levels of both policy and practice. It is a much-awaited annual reference document for policymakers, investors,...
Paymentology appoints Jeff Parker as CEO
Payments
Former SVP and Managing Director of Marqeta takes on new role at leading global issuer-processor to propel its growth journey across the globe 12 th Dec Paymentology , a leading global issuer-processor, today announces the appointment of its new CEO Jeff Parker, who will be succeeding the interim Co-CEOs Abe Smith and Angy Watson. Jeff is a leader...
Fintech: Friend, Foe or Frenemy? - Podcast with member Alraedah Finance
Islamic Banking
In the latest episode of Couchonomics, Arjun was joined by Paul Melotto, Executive Board Member at Alraedah Finance . Paul has played a key part in Arjun’s journey to understand the Saudi ecosystem, especially regarding fintech and financial services. In the episode, Arjun and Paul discussed: The state of Non-Banked Financial Institutions in KSA...
Creditinfo appoints Satrajit Saha as new Global CEO
Credit Risk & Scoring
Former CEO of TransUnion Europe – Satrajit Saha – brings his expertise to Creditinfo, planning to drive growth across its credit bureaus globally. London – 29 th November 2023: Creditinfo, a global service provider for credit information and risk management solutions, has today announced the appointment of Satrajit Saha as its Global Chief...
SE Holdings, a South Africa agri-services company, joins the SME Finance Forum
Financial Inclusion
Non Financial Services
Rural & Agriculture Finance
Washington D.C, December 6, 2023 – Leading agri-services company SE Holdings has joined the SME Finance Forum as its global membership network’s latest member. The 240+ members of the Forum are SME financing experts operating in 190 countries who share the common goal of expanding access to finance to small businesses worldwide through knowledge...
Leader Dialogue Series - Interview with PVSLN, Murty, Chairman and Managing Director, North Eastern Development Finance Corporation (NEDFi)
Non Financial Services
Equity
Learn from PVSLN, Murty, Chairman and Managing Director, North Eastern Development Finance Corporation (NEDFi), about their mission to champion the entrepreneurial spirit of the North Eastern Region of India, financing commercially viable industries and providing consultancy services. The interview is led by Hans Koning, Global Chief Industry...
Leader Dialogue Series - Interview with Sandy Kemper - Founder and Chairman - C2FO
Supply & Value Chain Finance
Learn from Sandy Kemper, Founder and Chairman of C2FO, about their on-demand working capital platform as he is answering questions from Hans Koning, Global Chief Industry Specialist, Digital Finance at IFC. 'The IFC has the goal of getting to a hundred billion USD funding by 2030 and we, at C2FO are trying to get to a trillion USD of funding by...
Building Green: Sustainable Construction in Emerging Markets
Sustainable Finance
Switching to greener technologies in construction and operation of buildings and materials, combined with more climate-friendly capital markets, could reduce the construction value chain’s carbon footprint 23 percent by 2035, while creating investment opportunities in emerging markets, according to a major report from the International Finance...
FCI 55th Annual Meeting – Launch of the IFC Knowledge Guide on Factoring Regulation and Supervision
Supply & Value Chain Finance
FCI, an SME Finance Forum Industry Partner, held its 55th annual meeting in Marrakech, Morocco from October 29 to November 3 2023. More than 250 attendees joined to network and discuss current issues within the Factoring and Receivables Finance Industry. With over EUR 300 billion financed to SMEs as well as to larger corporates, the global...
OECD:  Financing SMEs for sustainability  - Drivers, Constraints and Policies
Sustainable Finance
Policy & Regulation
Addressing the climate crisis requires the net zero transition of millions of SMEs globally. SMEs have a significant aggregate environmental footprint and need to adopt cleaner business models. As eco-entrepreneurs and eco-innovators, they also have a key role to play in devising innovative climate solutions. Access to finance is essential for SME...
Dashen Bank, a leading Ethiopian financial institution, joins the SME Finance Forum
Financial Education
Financial Inclusion
Washington D.C, November 21, 2023 – Ethiopia’s Dashen Bank has joined the SME Finance Forum as the global membership network’s latest member. The 240+ members of the Forum are SME financing experts operating in 190 countries who share the common goal of expanding access to finance to small businesses worldwide through knowledge exchange and...
SDFC, the Maldives’ first financial institution focused on MSMEs, joins the SME Finance Forum
Financial Inclusion
Rural & Agriculture Finance
Washington D.C, November 14, 2023 – Maldivian non-banking finance institution SDFC has joined the SME Finance Forum as its global membership network’s latest member. The 240+ members of the Forum are SME financing experts operating in 190 countries who share the common goal of expanding access to finance to small businesses worldwide through...
Innovations in Financial Services for MSMEs
Financial Education
Financial Inclusion
Gender Finance
Supply & Value Chain Finance
Digital Transformation
Digitizing the MSME ecosystem through e-commerce, the gig economy, and digital MSME business services has an impact on the digital-transformation of small businesses. These digital advancements have reshaped the landscape for MSMEs and enabled new opportunities for growth and expansion. The rise of digitally enabled new solutions for MSMEs, such...
SME Finance, Opportunities and Challenges
Supply & Value Chain Finance
With over EUR 300 billion financed to SMEs as well as to larger corporates, the global factoring and receivables finance Industry is is providing much needed liquidity to the heart of the economy to support economic growth, export and employment. How does the industry evolve and adapt to challenges such as fraud, changing regulations and ESG...
Launch of IFC’s Knowledge Guide on Factoring Regulation and Supervision​
Supply & Value Chain Finance
Policy & Regulation
During FCI 55th Annual Meeting , Qamar Saleem, CEO of the SME Finance Forum, launched the ‘ Knowledge Guide on Factoring Regulation and Supervision ’. This guide complements UNIDROIT's model law and provides guidance on law reforms seeking to support receivables finance. It indicates options and recommendations to establish a cohesive regulatory...
OECD - Recommendation of the Council on SME Financing
Policy & Regulation
The Recommendation on SME financing was adopted by the OECD Council meeting at Ministerial level on 8 June 2023 on the proposal of the Committee on SMEs and Entrepreneurship (CSMEE). The Recommendation aims to support Adherents in their efforts to enhance SME access to a diverse range of financing instruments. It supports the development of...
OECD Financing SMEs and Entrepreneurs Scoreboard: 2023 Highlights
Financial Inclusion
Governance
The "OECD Financing SMEs and Entrepreneurs Scoreboard: 2023 Highlights" document SME and entrepreneurship financing trends, conditions and policy developments. The report provides official data on SME financing in close to 50 countries, including indicators on debt, equity, asset-based finance and financing conditions. Data for 2021 are...
B20, Business at OECD, IOE: "Addressing efficiency in payments and working capital to deliver Sustainability and Growth”
Sustainable Finance
Payments
The B20 , Business at OECD (BIAC) and the International Organisation of Employers (IOE) released a joint paper, underlining the need to raise business productivity by effectively addressing the private sector’s working capital requirements. Released in the margins of the B20 India Summit, the three leading private sector organizations recommend to...
IFC Hails G20 Declaration’s Emphasis on Digital Public Infrastructure, Says Key for SME Expansion
Policy & Regulation
New Delhi, September 15, 2023 – IFC Vice President for Industries, Mohamed Gouled, currently on a two-day official visit to India, has commended India's leadership at the G20 for its strong emphasis on the significance of digital public infrastructure (DPI) in achieving financial inclusion. "This formal recognition that technology must be used for...
G20 GPFI - Innovations in SME Financial Services Presentation
Financial Inclusion
Digital Financial Services
Digital Transformation
Background: The India G20 Presidency has prioritized the development of an open, inclusive and responsible digital financial ecosystem based on the presence of a sound and effective digital public infrastructure (DPI) for the advancement of financial inclusion and productivity gains. Builds on the work and achievements from previous presidencies...
Enhancing Global SME Financing through Prosperity Data Networks: An Integration of Hayek's and Sen's Economic Insights in the Digital Age
Financial Inclusion
Policy & Regulation
Data Analytics
Small and Medium-sized Enterprises (SMEs) play a vital role in the global economy, yet they often face challenges due to limited access to financing. To address this issue, we propose the implementation of Prosperity Data Networks (PDNs), a cutting-edge tool that leverages Artificial Intelligence (AI). PDNs are AI-powered, community-controlled and...
IFC's GB-TAP - Sustainable MSME Finance Reference Guide
Financial Education
Sustainable Finance
To help financial institutions to translate sustainable finance principles to the operations they have with MSMEs, IFC Green Bond Technical Assistance Program (GB-TAP) has developed the Sustainable MSME Finance Reference Guide. This first-of-its-kind Guide sets out a practical approach for financial institutions in emerging markets on how to...
The synergy between MSMEs and digital infrastructure promises to reshape the landscape of economic growth and prosperity: T. Rabi Sankar, Deputy Governor, RBI
Non Financial Services
Policy & Regulation
Digital Financial Services
Fintech
Day 3 of the Global SME Finance Forum 2023 saw panel discussions and keynote addresses by thought leaders like Shri Chanchal Chand Sarkar, Economic Adviser, DEA, Ministry of Finance, India, Shri T. Rabi Sankar, Deputy Governor, RBI, Shri Ajay Seth, Secretary, DEA, Ministry of Finance, India, Ashwini Kumar Tewari, Managing Director, SBI, Ms. Nisha...
SME Finance Forum Recognizes Winners of Global SME Finance Awards 2023
Non Financial Services
Policy & Regulation
Digital Financial Services
Fintech
Mumbai, India, September 14, 2023 - The 2023 Global SME Finance Award winners were announced during the Global SME Finance Forum 2023 in Mumbai, India. Across all categories, a record 165 applications were submitted from 120 different institutions. 30 applications were identified by an independent, expert panel of 85 judges as winners. The award...
The Digital super cycle and MSME sector play pivotal role in shaping India's economic growth: KV Kamath, Chairman, NaBFID
Non Financial Services
Policy & Regulation
Digital Financial Services
Fintech
Day 2 of the Global SME Finance Forum 2023 saw panel discussions and keynote addresses by thought leaders like A K Goel, Chairman, Indian Banks’ Association, KV Kamath, Chairman, NaBFID, Alok Kumar Choudhary, MD, SBI, Sopnendu Mohanty, Chief Fintech Officer, Monetary Authority of Singapore, Rajiv Anand, DMD, Axis Bank, Chanchal Sarkar, Economic...
MSME is the backbone of Indian economy for employment and development, says Dr. Bhagwat Kharad, MoS, Ministry of Finance, Govt. of India
Non Financial Services
Policy & Regulation
Digital Financial Services
Fintech
SME Finance Forum 2023 commence their 9th edition of the Global SME Finance Forum 2023 in Mumbai The Day 1 of the Global SME Finance Forum 2023 saw panel discussions and key note address by some of the renown names as speakers like Mr. Makhtar Diop, Managing Director, International Finance Corporation (recorded speech), Mr. Nandan Nilekani, Co-...
 Pakistan Financial Inclusion: Karandaaz Survey
Financial Inclusion
Newly released financial survey from our member Karandazz! The report delves deep into financial service access and demand, with a special focus on digital financial services. To support financial inclusion in Pakistan, it is important to have clear definitions, metrics, and estimates for planning and intervention designs. Karandaaz notes that...
Paymentology and Mastercard Join Forces to Foster Financial Inclusion in Northern Central America
Financial Inclusion
Payments
The partnership will enable a more robust financial ecosystem in Guatemala, Honduras, and El Salvador, granting underserved and unbanked segments of the population access to the digital economy. Guatemala, August 2023 : Paymentology , the leading global issuer-processor, today announces an expanded partnership with Mastercard to bolster financial...
Paymentology and DolarApp Enables Millions of Mexicans to Buy Anywhere in USD Fee-Free
Fintech
Payments
Paymentology’s card issuing platform and analytics capabilities support DolarApp with several industry firsts in Mexico Paymentology , the leading global issuer-processor, today announces its partnership with DolarApp , the Mexican startup which provides digital dollar accounts to consumers across Latin America. Established in 2021, DolarApp has...
Gig Platforms and Financial Inclusion
Financial Inclusion
Youth Entrepreneurship
Over 163 million informal workers in emerging markets have found new opportunities through #gigplatforms, but many remain financially excluded. That's why platforms are stepping up to offer financial services to #gigworkers, helping them save, invest, and access credit. The impact can be positive for the workers and the economy. If you're...
SME Finance Forum welcomes Qamar Saleem as Matt Gamser retires
Washington D.C. August 1st, 2023 - Matt Gamser, having reached the mandatory retirement age for World Bank Group employees, will step down as the CEO of SME Finance Forum, effective September 30th, 2023. This will bring to a close Matt’s 18+ years of service to the IFC, including the creation of the SME Finance Forum. Under his leadership, the SME...
C4D Partners joins the SME Finance Forum
Equity
Gender Finance
Sustainable Finance
Washington D.C, August 1st, 2023 – Leading impact fund manager C4D Partners has joined the SME Finance Forum as its global membership network’s latest member. The members of the Forum are SME financing experts from 80+ countries who share the common goal of expanding access to finance to small businesses worldwide through knowledge exchange and...
Consolidated Bank Ghana joins the SME Finance Forum to strengthen Ghana’s MSMEs
Financial Inclusion
Operational Risk
Washington D.C July 2023 – Consolidated Bank Ghana LTD (CBG) joins the SME Finance Forum as the newest member of our global membership network. Our members are SME financing experts from 80+ countries who share the common goal of expanding access to finance to small businesses worldwide through knowledge exchange and innovation. “Since 2016, we’ve...
Vayana, India's largest Supply Chain Finance Network, joins the SME Finance Forum
Supply & Value Chain Finance
Digital Financial Services
Washington D.C June 2023 – Vayana joins the SME Finance Forum as the newest member of our global membership network. Our members are SME financing experts from 80+ countries who share the common goal of expanding access to finance to small businesses worldwide through knowledge exchange and innovation. “Since 2016, we’ve been implementing our...
Online Certificate for Fintech in Africa
Fintech
Our Industry Partner, CFTE, has just launched the Online Certificate for Fintech in Africa. This is a great opportunity for those who want to learn about Fintech in Africa. The Online Certificate for Fintech in Africa is a foundational programme in Fintech. Learners will go through the building blocks of the future of finance: Fintech, AI,...
Thrilled to announce the SME Finance Forum's win WBG KNOWbel Awards
Financial Education
Financial Inclusion
Non Financial Services
Washington D.C. June 1 st , 2023 - The SME Finance Forum is proud to announce its recent victory at the KNOWbel Awards, a World Bank Group program that recognizes teams and individuals who utilize knowledge to drive better business outcomes and foster a productive knowledge culture. This esteemed accolade underscores the power of collaboration and...
EIF Working Paper - Entrepreneurial Finance and the Russian War against Ukraine: a Survey of European Venture Capital and Private Equity Investors
Financial Inclusion
Operational Risk
The EIF VC Survey and the EIF Private Equity Mid-Market Survey (the largest combined regular survey exercises among General Partners on a pan-European level) provide an opportunity to retrieve unique market insights. This publication is based on the results of the 2022 waves of these two surveys and examines how the Russian offensive war against...
Introducing the SME Finance Virtual Marketplace
Alternative Financing
Equity
Gender Finance
Guarantees
Islamic Banking
Rural & Agriculture Finance
Supply & Value Chain Finance
Sustainable Finance
Trade Finance
Youth Entrepreneurship
Credit Risk & Scoring
Digital Financial Services
Fintech
The “SME Finance Virtual Marketplace” is an online match-making platform that promotes partnership and collaboration between financial institutions, fintech companies and development finance institutions/ investors. The virtual Marketplace is powered by GlobalLinker, an AI powered ‘Digital Ecosystem’ offering SMEs a range of services to build...
Member 4G Capital ranked as one of Africa's fastest-growing companies
3rd May 2023: Nairobi, Kenya: 4G Capital, the market-leading neobank powering micro and small business growth in Kenya and Uganda, has been ranked as one of Africa’s Fastest-Growing Companies by the Financial Times. The Financial Times compiled the ranking with data company Statista and based findings on compound annual growth rate (CAGR) in...
Member 360tf shares quarterly update
360ᵗᶠ Spreading Far and Wide: As a Knowledge Partner of FCI (Factoring Chain International), 360ᵗᶠ conducted a pan-India Export Finance Survey for Indian Corporates. the initial findings of this survey were presented at the FCI IFSCA GIFT-City conference and will be shared with Regulators and the Ministry of Commerce, India. Our engagement with...
Digital Banking and Beyond: the value of Personalization Enabling customer engagement by leveraging Open Finance for data-driven interactions
Digital Financial Services
Strands, a CRIF company, and PwC launched a report with an in-depth analysis on how customer habits, Open Finance and new players entering the financial services arena are revolutionizing the Digital Banking context. The Digital Banking context is shifting, as new players are entering the financial services arena and threatening the position of...
Paymentology and Wio Bank PJSC Transform Banking Across the UAE
Digital Transformation
Fintech
29 March, London: Paymentology , the leading global issuer-processor, has joined forces with Wio Bank PJSC , the region’s first platform bank, to power its innovative banking model with customer-centric card payment services. Wio Bank PJSC is leveraging Paymentology’s industry leading in-cloud card issuing platform and data analytics capabilities...
DFI Credit Guarantee Corporation of Papua New Guinea joins the SME Finance Forum
Financial Inclusion
Guarantees
Washington D.C April 2023 – Credit Guarantee Corporation of Papua New Guinea joins the SME Finance Forum as the newest member of our global membership network. Our members are SME financing experts from 80+ countries who share the common goal of expanding access to finance to small businesses worldwide through knowledge exchange and innovation. “...
arara joins the SME Finance Forum to help mitigate climate change at scale
Non Financial Services
Supply & Value Chain Finance
Washington D.C April 2023 – arara joins the SME Finance Forum as the newest member of our global membership network. Our members are SME financing experts from 80+ countries who share the common goal of expanding access to finance to small businesses worldwide through knowledge exchange and innovation. “Since 2016, we’ve been implementing our...
Leader Dialogue Series - Interview with Danang Kusama - VP Sales Digital Partnership for Investree
Fintech
Learn from Danang Kusama, VP Sales for Digital Partnership for Investree, about strategic partnerships with banks and fintech businesses. “In this space in Indonesia, there are a lot of stakeholders…we are helping them get more access to SMEs and MSMEs and help consolidate those portfolios.” The SME Finance Forum’s Leader Dialogues is a series of...
Paymentology, the leading next-gen global issuer processor, joins the SME Finance Forum
Digital Financial Services
Fintech
Payments
Washington D.C April 2023 – Paymentology joins the SME Finance Forum as the newest member of our global membership network. Our members are SME financing experts from 80+ countries who share the common goal of expanding access to finance to small businesses worldwide through knowledge exchange and innovation. “Since 2016, we’ve been implementing...
The sixth annual Global SME Finance Awards are open!
Financial Inclusion
Gender Finance
Sustainable Finance
Digital Financial Services
The Global SME Finance Awards 2023 recognize financial institutions and fintech companies for their outstanding achievements in delivering exceptional products and services to their SME clients. Endorsed by the GPFI, the Global SME Finance Awards provide an opportunity for institutions to showcase and share their good practices and knowledge and...
Zambia’s Altus Financial Services joins the SME Finance Forum
Financial Inclusion
Washington D.C April 2023 – Altus Financial Services joins the SME Finance Forum as the newest member of our global membership network. Our members are SME financing experts from 80+ countries who share the common goal of expanding access to finance to small businesses worldwide through knowledge exchange and innovation. “Since 2016, we’ve been...
Leader Dialogue Series - Interview with Joyce Tee - Managing Director, DBS Group Holdings
Covid-19
Digital Transformation
Learn from Joyce Tee, Managing Director for DBS Group Holdings, about how COVID-19 has transformed the SME finance space. “COVID has actually redefined how SME has to do business…how do you pivot to digital and how do you stay sustainable, how do you continue to learn from all these new orders in the market? COVID has brought digitization to the...
SME Climate Hub launches carbon emissions reporting tool for SMEs
Sustainable Finance
Small and medium sized businesses in the SME Climate Hub community are committed to taking authentic climate action. This includes reporting annually on greenhouse gas emissions - ensuring transparency and accountability throughout their journeys towards net zero. Thanks to its new reporting tool, businesses part of the SME Climate Hub will now be...
Leader Dialogue Series - Interview with Carrie Suen, Senior Advisor for ANT Group
Financial Inclusion
Covid-19
Digital Transformation
Learn from Carrie Suen, Senior Advisor for ANT Group, as she talks about tourism sector growth and digitalization after the COVID-19 pandemic in Singapore. “With tourism coming back, how do we tap into this momentum? A lot of SMEs suffered from the pandemic disruption…we are working with a lot of micro-SMEs like mom-and-pop shops to incentivize...
Leader Dialogue Series - Interview with Michael Schlein, President and CEO of Accion
Financial Inclusion
Covid-19
Learn from Michael Schlein, President and CEO of Accion, about the struggle against poverty globally and the importance of digitalization in post-COVID-19 reconstruction. “In our lifetime we have seen poverty go down… over several decades. We’ve seen the greatest reduction of poverty ever in human history until today. Since the pandemic we’ve seen...
MEDA – Mennonite Economic Development Associates – joins the SME Finance Forum
Financial Inclusion
Gender Finance
Rural & Agriculture Finance
Youth Entrepreneurship
Washington D.C March 2023 – MEDA joins the SME Finance Forum as the newest member of our global membership network. Our members are SME financing experts from 80+ countries who share the common goal of expanding access to finance to small businesses worldwide through knowledge exchange and innovation. “Since 2016, we’ve been implementing our...
ShopUp, Bangladesh's leading full-stack B2B commerce platform for small businesses, joins the SME Finance Forum
Digital Transformation
Fintech
Washington D.C March 2023 – ShopUp joins the SME Finance Forum as the newest member of our global membership network. Our members are SME financing experts from 80+ countries who share the common goal of expanding access to finance to small businesses worldwide through knowledge exchange and innovation. “Since 2016, we’ve been implementing our...
CEO Matthew Gamser speaks at APFF Asia-Pacific Financial Forum 2023 Conference on Financial Technology Development and Innovative Applications
Digital Transformation
Fintech
Matthew Gamser, CEO of the SME Finance Forum, participated in the “Financial Technology Development and Innovative Applications” panel at the 2023 APFF Asia-Pacific Financial Forum on 17 March 2023 in Beijing, China. “It was a great pleasure to speak on this panel at the APFF Asia-Pacific Financial Forum in Beijing,” Gamser said. “My panel, which...
CredAble, one of Asia‘s largest working capital focused fintech providers, joins the SME Finance Forum
Trade Finance
Data Analytics
Digital Financial Services
Fintech
Washington D.C March 2023 – CredAble joins the SME Finance Forum as the newest member of our global membership network. Our members are SME financing experts from 80+ countries who share the common goal of expanding access to finance to small businesses worldwide through knowledge exchange and innovation. “Since 2016, we’ve been implementing our...
G20 Roadmap for Enhancing Cross-border Payments
Financial Inclusion
Policy & Regulation
Digital Financial Services
Fintech
Payments
The Roadmap for Enhancing Cross-border Payments is a priority initiative of the G20. Much has been accomplished during its first two years, including agreement on a set of outcome targets endorsed by the G20 in October 2021. The work in 2021 and 2022 has focused on establishing the foundational elements of the Roadmap and beginning to pivot from...
Case Study: How TymeBank Made G2P Recipients a Part of Their Core Strategy
Financial Inclusion
Digital Financial Services
Payments
In a recent blog post, CGAP authors Joep Roest and Bongani Maponya wrote about the transformative power of open government-to-person (G2P) systems to connect G2P recipients with different Payment Service Providers (PSPs) in order to make the best choice, thereby incentivizing improved services from PSPs. The post was also a case study on how South...
 Standard Bank, Africa’s largest financial services provider joins the SME Finance Forum
Financial Inclusion
Washington D.C, March 9, 2023 – Standard Bank joins the SME Finance Forum as the newest member of our global membership network. Our members are SME financing experts from 80+ countries who share the common goal of expanding access to finance to small businesses worldwide through knowledge exchange and innovation. “Since 2016, we’ve been...
IMF Working Paper - Fintech: Financial Inclusion or Exclusion?
Financial Inclusion
Gender Finance
Digital Financial Services
Fintech
This paper examines the role of Fintech in financial inclusion. Using Global Findex data and emerging fintech indicators, it finds that Fintech has a higher positive correlation with digital financial inclusion than traditional measures of financial inclusion. In the second stage of their empirical investigation, the authors examine the key...
Member Topicus’s lending platform Fyndoo launches sustainable lending podcast
Sustainable Finance
Digital Financial Services
Fyndoo, the end-to-end SaaS Lending platform developed and owned by our member Topicus , has launched a new podcast called The Lending Bean – Powered by Fyndoo . Each episode, host Mike Cooper talks with experts about lending to inspire listeners to join Fyndoo in their mission to make lending effortless and accessible. In Episode 1 , Cooper talks...
Industrial Bank of Korea joins the SME Finance Forum to help close the SME Finance Gap
Financial Inclusion
Washington D.C, March 1st, 2023 – Industrial Bank of Korea (IBK) joins the SME Finance Forum as the newest member of our global membership network. Our members are SME financing experts from 80+ countries who share the common goal of expanding access to finance to small businesses worldwide through knowledge exchange and innovation. “Since 2016,...
EIF Working Paper - Female access to finance: a survey of literature
Financial Inclusion
Equity
Gender Finance
Policy & Regulation
This working paper examines the current academic literature on access to finance for female entrepreneurs and female-led enterprises. It covers two main financing markets: credit and venture capital (VC). The paper finds wide consensus in the academic field that gender-related credit and VC gaps exist in Europe. It also collects some of the most...
Fintech Startup Uplinq Partners with the SME Finance Forum, Managed by the IFC
Alternative Financing
Credit Risk & Scoring
Fintech
Partnership Aimed at Expanding Access to Finance for Small and Medium Businesses Across the Globe WASHINGTON, D.C., and TORONTO, February 28, 2023 – Uplinq , the first global credit assessment and scoring platform for SMB lenders, today announced a partnership with the SME Finance Forum , a global network aimed at expanding finance to small and...
Air8, a pioneer in supply chain financing in Asia, joins the SME Finance Forum
Supply & Value Chain Finance
Washington D.C February 22nd, 2023 – Air8 joins the SME Finance Forum as the newest member of our global membership network. Our members are SME financing experts from 80+ countries who share the common goal of expanding access to finance to small businesses worldwide through knowledge exchange and innovation. “Since 2016, we’ve been implementing...
Security Bank and its new MSMEs Business Banking Segment joins the SME Finance Forum
Financial Inclusion
Rural & Agriculture Finance
Washington D.C, February 16, 2023 – One of the Philippines‘ leading banks, Security Bank Corporation joined the SME Finance Forum as the newest member of our global membership network. Our members are SME financing experts from 80+ countries who share the common goal of expanding access to finance to small businesses worldwide through knowledge...
Karandaaz Financial Inclusion Survey Results
Financial Inclusion
The Karandaaz Financial Inclusion Survey (K-FIS) responds to the need identified by multiple stakeholders for timely demand-side data and practical insights into the state of financial inclusion in Pakistan, including traditional banking, mobile money, and the potential for their expanded use among the poor. The aim is to: Track access to and...
Strategies and Initiatives on Digital Financial Inclusion: Lessons from Experiences of APEC Economies
Financial Inclusion
The COVID-19 pandemic has accelerated digital financial inclusion with increased digital financial services. According to the 2021 Global Findex Database, global account ownership has increased from 51% of the world’s population in 2011 to 76% in 2021. Notwithstanding the gains, about 25% are still outside the formal financial system. More robust...
Asante Financial Services Group announces strategic partnerships to expand provision of affordable credit to MSMEs in Africa.
Credit Risk & Scoring
Our member, Asante Financial Services Group, is driven by passion to see to the growth of the MSME sector in Africa. It is through strategic partnerships such as the one with SOLV Kenya, a member company of Standard Chartered Banking Group, that we are able to extend our reach to the Kenyan MSMEs In Sub-Saharan Africa, micro, small and medium...
Leader Dialogue Series - Interview with H.E. Achille Bassilekin III, Cameroon Minister of SME, Social Economy, and Handicrafts
Financial Inclusion
Learn from H.E. Achille Bassilekin III, Minister of SME, Social Economy, and Handicrafts, about SME development in Cameroon. “We have been developing some tours to ensure that we facilitate the financial inclusion of small businesses in my country. In that vein the Head of State decided the establishment of an SME bank...which is the financial...
The Promise of Fintech for Micro and Small Enterprises
Fintech
Nearly 500 million micro and small enterprises (MSEs) are estimated to be operating around the world. Access to credit and other financial services is critical to the growth and sustainability of these businesses, and consequentially to the low-income and vulnerable populations which rely on MSEs for their livelihoods. Yet despite decades of...
Happy Holidays from the SME Finance Forum !
Dear Members, Partners, and Friends,  Working together during 2022 has been a pleasure, and we're proud to have you all with us. 2022 was a turbulent year in global markets, and SMEs all over the world have been dealing with soaring inflation, disrupted supply chains and volatile foreign currency markets. And yet, we have been inspired by how our...
Leader Dialogue Series - Interview with H.E. Dr. Chea Serey, Director General of the National Bank of Cambodia
Gender Finance
Learn from H.E. Dr. Chea Serey, Director General of the National Bank of Cambodia, about women empowerment and women's access to finance in Cambodia. “We have been working on access to finance particularly for women and committed to reduce exclusion rates by half by 2024…we have come up with a national financial inclusion strategy involving all...
New Member Koltiva card
Rural & Agriculture Finance
Washington D.C., December 26th, 2022 – Koltiva joins the SME Finance Forum as the newest member of our global membership network. Our members are SME financing experts from 80+ countries who share the common goal of expanding access to finance to small businesses worldwide through knowledge exchange and innovation. “When we started in 2012, we...
Leader Dialogue Series - Interview with Aria Widyanto, Director & CRSO of Amartha
Fintech
Learn from Aria Widyanto, Director & CRSO of Amartha, about Amartha’s shift toward fintech. “We innovate …and therefore we favored fintech in 2016, and since then we are building more digital products…during the pandemic in 2020 we were ready to serve and retain our customers because we have started our digital transformation processes.” The...
Sponsorship Activities for 2023
Non Financial Services
Sponsorship opportunities are still available for members who are interested in working more directly with the Forum and helping shape our Global Event. Sponsors can improve brand recognition, develop partnerships and demonstrate leadership via the growing outreach and networks of the Forum. SPONSORSHIP OPPORTUNITIES
Member Asante sets foot in Rwanda offering mass transit service operators short-term financing
Alternative Financing
Digital Financial Services
Digital lending or alternative lending is a catalyst to inclusive financial services for segments that are not a key target for traditional financial institutions. The use of AI-powered decisioning systems for evaluating individual credit eligibility by digital lending platforms has now become critical for micro, small and medium enterprises (...
Leader Dialogue Series - Interview with Manfred Borer, CEO of Koltiva
Rural & Agriculture Finance
Fintech
Learn from Manfred Borer, CEO of Koltiva, about the integration of fintech in agribusiness during the COVID and post-COVID era. “Everyone talks about digitization...but I still see a future in a hybrid model. We have several hundred field agents across Indonesia...because our industry clients, agrobusiness, know they need boots on the ground for...
 ACLEDA Bank Plc. joins the SME Finance Forum
Financial Inclusion
Gender Finance
Supply & Value Chain Finance
Trade Finance
Washington D.C., December 7 th , 2022 – ACLEDA Bank joins the SME Finance Forum as the newest member of our global membership network. Our members are SME financing experts from 80+ countries who share the common goal of expanding access to finance to small businesses worldwide through knowledge exchange and innovation. “ When we started in 2012,...
Leader Dialogue Series - Interview with Ongki Dana, President Director of BTPN
Sustainable Finance
Learn from Ongki Dana, President Director & Commissioner of BTPN , about capacity building and the mindset-shift in SME Finance.   “If our customers are SME and MSME...they will always need money from us...so we need to build their capacity to grow...it is crucial to both have the financial and the non-financial and going digital enables us to...
Leader Dialogue Series - Interview with Robin Bairstow, Managing Director at I&M Bank
Learn from Robin Bairstow, Managing Director at I&M Bank about the future of SME Finance in Rwanda after the COVID pandemic. “One of the areas we have now been able to leverage on...is trade finance, and we've seen a lot of growth in that area...growth has been 50% year on year within the same SME sector...we've also added in loan origination...
Progcap joins the SME Finance Forum as a pioneering Indian fintech working towards supporting MSMEs that need credit
Supply & Value Chain Finance
Fintech
Washington D.C., November 21 2022 – Progcap joins the SME Finance Forum as the newest member of our global membership network. Our members are SME financing experts from 80+ countries who share the common goal of expanding access to finance to small businesses worldwide through knowledge exchange and innovation. “When we started in 2012, we were...
Healworld partners with Mastercard to launch first ever United Nations SDG-focused corporate debit card
Sustainable Finance
HEALRWORLD, a social impact, for profit ESG Fintech, unveils its new corporate debit card at CC Forum - an investment conference which is 100% dedicated to investment in sustainability. In collaboration with Mastercard and its Priceless Planet initiative, Railsr, Toqio, and Penrose Digital, the HealRWorld corporate debit card will be the first of...
Member Creditinfo helping Ukrainians and migrants from Ukraine have access to their credit histories
Credit Risk & Scoring
Lending is one of the main elements of the modern financial system. In one way or another, most people rely on loans from banks – whether these are credits, mortgages, installments, credit cards to pay for critical goods and services. An important role in this process is played by credit bureaus that collect, store, process and transmit...
JUMO launches first-of-its-kind asset management engine, VELA
Sustainable Finance
LONDON, 4 October 2022 – JUMO, a technology company advancing next-generation financial inclusion in emerging markets, today released VELA, a pioneering asset management engine built to give investors access to real social impact investments at the highest standards of governance and control. VELA is a powerful asset management tool underpinned by...
Welcome KOBİA to the SME Finance Forum
Non Financial Services
Policy & Regulation
Washington D.C., October 17th, 2022 – The Small and Medium Business Development Agency of the Republic of Azerbaijan (KOBİA) joins the SME Finance Forum as the newest member of our global membership network. Our members are SME financing experts from 80+ countries who share the common goal of expanding access to finance to small businesses...
Global SME Finance Forum 2022 - RECAP DAY 2
Sustainable Finance
Digital Transformation
What we heard on September 21 st …. We kicked off the second day of the Global SME Finance Forum 2022 with Ruth Horowitz - Regional Vice President for Asia and the Pacific, IFC and his Excellency Phan Phalla - Secretary of State for the Ministry of Economy and Finance of Cambodia. Both Ruth Horowitz and Secretary Phan Phalla spoke about the...
Welcome 360tf to SMEFF
Trade Finance
Digital Financial Services
Washington D.C., September 2022 – 360tf joins the SME Finance Forum as the newest member of our global membership network. Our members are SME financing experts from 80+ countries who share the common goal of expanding access to finance to small businesses worldwide through knowledge exchange and innovation. “When we started in 2012, we were in an...
Global SME Finance Forum 2022 - RECAP DAY 1
Sustainable Finance
Digital Transformation
What we heard on September 20 th …. Opening remarks were given by H.E. Chea Chanto – Governor, National Bank of Cambodia and Tomasz Telma – Director, Financial Institutions Group, IFC Chea Chanto laid out examples of how Cambodia is increasingly leveraging digitalisation to improve access to finance and Tomasz Telma talked about data driven...
Digitalization key to help the world’s small and medium sized enterprises – says Global SME Finance Forum
Sustainable Finance
Digital Financial Services
Digital Transformation
Fintech
Washington DC, September 29 2022 - The future of delivering inclusive and effective banking support for the world’s small and medium sized enterprises will be driven by digital transformation, according to the lead organizers behind this year’s Global SME Finance Forum 2022 in Phnom Penh, Cambodia. More than 350 leaders and senior executives from...
2022 Global SME Finance Awards Winners Announced
Washington DC, September 28, 2022 - The 2022 Global SME Finance Awards winners were announced during the Global SME Finance Forum 2022. To learn who the winners are, please visit https://www.smefinanceforum.org/awards-2022 Organized by IFC, a member of the World Bank Group, and the SME Finance Forum and endorsed by the G20’s Global Partnership for...
PODCAST: The lifeblood of global trade: improving financial inclusion for SMEs
Trade Finance
This podcast prepared by our industry partner Trade Finance Global, features Matt Gamser, CEO of the SME Finance Forum and Magda Bianco, co-chair of the Global Partnership for Financial Inclusion (GPFI). It gives an overview of current G20 initiatives designed to help SMEs get easier access to finance. Among those initiatives is the Global SME...
Funding Options empowers lenders to help bridge SME funding gap with Funding Cloud: Insights launch
Fintech
London, 06.09.2022: Funding Options , the leading marketplace for business finance, has launched Funding Cloud: Insights to bring unparalleled data to SME lenders with a breadth of market insight capable of driving new product innovation. The intuitive and user-friendly platform provides near real-time knowledge and intelligence that has scarcely...
EIF Business Angels Survey 2021/22: Market sentiment
Financial Education
The EIF Business Angels Survey, together with the EIF VC Survey and the EIF Private Equity Mid-Market Survey (the largest combined regular survey exercises among GPs and Business Angels on a pan-European level) provide an opportunity to retrieve unique market insights. This publication is based on the results of the 2021/22 EIF Business Angels...
Credit Bureau Cambodia (CBC) joins the SME Finance Forum as Cambodia’s only credit risk firm driving financial inclusion through transparent credit reporting
Alternative Financing
Fintech
Washington D.C., August 4, 2022 – Credit Bureau Cambodia (CBC) joins the SME Finance Forum as the newest member of our global membership network. Our members are SME financing experts from 80+ countries who share the common goal of expanding access to finance to small businesses worldwide through knowledge exchange and innovation. “When we started...
Awash Bank joins the SME Finance Forum to promote business solutions and financial advisory
Financial Inclusion
Washington D.C., July 28, 2022 – Awash Bank joins the SME Finance Forum as the newest member of our global membership network. Our members are SME financing experts from 80+ countries who share the common goal of expanding access to finance to small businesses worldwide through knowledge exchange and innovation. Awash Bank becomes the first bank...
Mastercard Data & Services Report on Real-Time Payments
Financial Inclusion
Payments
In the coming years, real-time payments are set to increase exponentially and by 2026, are forecasted to account for 26% of the total electronic payments. With certain growth ahead, governing bodies and payment regulators play a crucial role in advancing their country's payment systems to create an ecosystem that unlocks economic growth and...
Mambu joins the SME Finance Forum to promote SaaS cloud banking platform
Alternative Financing
Digital Financial Services
Fintech
Washington D.C., July 19, 2022 – Mambu joins the SME Finance Forum as the newest member of our global membership network. Our members are SME financing experts from 80+ countries who share the common goal of expanding access to finance to small businesses worldwide through knowledge exchange and innovation. “Since 2016, we’ve been implementing our...
SME Bank of Cambodia joins the SME Finance Forum to Promote and Grow Small and Medium Enterprises
Non Financial Services
Fintech
Washington D.C., July 12, 2022 – SME Bank of Cambodia joins the SME Finance Forum as the newest member of our global membership network. Our members are SME financing experts from 80+ countries who share the common goal of expanding access to finance to small businesses worldwide through knowledge exchange and innovation. “When we started in 2012...
Apply before July 15th to the 2022 Global SME Finance Awards
Gender Finance
Sustainable Finance
Credit Risk & Scoring
Digital Transformation
APPLY BEFORE 15 JULY Deadline extended to July 15th! We’ve extended the deadline of our 2022 Global SME Finance Awards. Share your leadership experience with the SME community and show how your institution can become a winner of the next Global SME Finance Forum Awards. Welcome to the fifth Annual Global SME Finance Awards! We invite all types of...
Little kid drinking water
Non Financial Services
Sidian Bank provides a range of financial products and services that support the growth of micro, small and medium-sized businesses in Kenya. With this focus, the bank plays a crucial role in boosting entrepreneurship, creating jobs, and building a strong local economy. In 2021, Sidian Bank received a USD 10 million loan from Triodos Microfinance...
The Stellar Development Foundation joins the SME Finance Forum to promote equitable access to the global finance system
Non Financial Services
Fintech
Washington D.C., june 16, 2022 – The Stellar Development Foundation (SDF) joins the SME Finance Forum as the newest member of our global membership network. Our members are SME financing experts from 80+ countries who share the common goal of expanding access to finance to small businesses worldwide through knowledge exchange and innovation. “When...