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Trefi Joins 150 Other Financial Institutions to Promote SME Finance

Trefi Joins 150 Other Financial Institutions to Promote SME Finance

Washington, D.C. November 13, 2018 –  Trefi became the newest member of the SME Finance Forum, a global membership network that brings together financial institutions, technology companies, and development finance institutions to share knowledge, spur innovation, and promote the growth of SMEs.  

“200 million businesses worldwide need financing to invest, grow and create new jobs. We are proud to have Trefi join our network of 150 members who work to expand access to finance for small and medium businesses,” said Matthew Gamser, CEO of the Forum.  

Trefi helps financial institutions turn MSME finance into a sustainable, highly profitable business line, by providing business clearing and risk management infrastructure. The company helps financiers such as banks, funds and credit unions to provide working capital at lower risk, capital and cost. Working towards a future where equality is key, Trefi provides access to finance based on the quality of company’s products and services.  

“Membership of the forum is a logical extension of our working relationship with the IFC,” said Rob Grimberg, Managing Director for Trefi. “It’s a good way to meet the other members and an effective approach to meeting potential business partners.”  

Trefi looks forward to peer exchanges with the Forum’s global network of 150+ members.   

To see all SME Finance Forum members, please visit: https://www.smefinanceforum.org/members/member-list 

About SME Finance Forum 
The SME Finance Forum was established by the G20 Global Partnership for Financial Inclusion (GPFI) in 2012 as a knowledge center for data, research and best practice in promoting SME finance. As an implementing partner for the GPFI, the International Finance Corporation (IFC) was tasked with managing the initiative. In 2015, the SME Finance Forum partnered with CapitalPlus Exchange to expand and upgrade the former Small Business Banking Network. 

About Trefi 
The company began with the wish to resolve information asymmetry in finance of SME, while reducing cost. The company developed the ‘Trefi solution,’ which has impacted lives all over the world and provided access to finance based on equality. Trefi, helps financial institutions turn MSME finance into a sustainable, highly profitable business line, by providing business clearing and risk management infrastructure. Presently, all shareholders are private individuals.  

Media Contact 
Carmen Smith 
csmith11@ifc.org 

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