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 in 2022.  As they scale, however, their ambition to digitize, automate and streamline operations is largely unfulfilled. In partnership with banks, Fintechs and other players, we are helping our stakeholders identify those needs in detail and outlines a multi-pronged approach for banks and Fintechs to position themselves as the mid-market’s trusted partner — and grow their commercial portfolios.

--------------------------------------------------------------------------

Mastercard is a Member of the SME Finance Forum