You’ve probably heard of fintech by now. Maybe your company has adopted some fintech services or maybe you use a fintech company for personal use.
Or, if you’re like most – although more tech-savvy companies are adopting fintech services every day – you’ve read or heard about it somewhere but you’re not quite sure how fintech works, what it is, or if it deserves your attention.
Washington DC, January 14, 2016 – The SME Finance Forum has launched its first Advisory Board, made up of senior representatives from AMP Credit Technologies, BNP Paribas, Commercial Bank of Africa, CreditEase, the International Finance Corporation, Mastercard and the Turkish Treasury.
DBS Bank today announced the launch of DBS mLoan, a new unsecured working capital loan to help small businesses grow. With DBS mLoan, the bank seeks to plug the credit gap faced by small businesses, which are unable to obtain short-tenor (less than one year) unsecured loans. With DBS mLoan, they can obtain a working capital loan, up to SGD100,000 with no collateral required.
While research in SME financing has strongly increased over the recent years, studies focusing on the analysis of financing patterns of SMEs in Europe are still lacking. The research presented in this working paper provides an integrative perspective of such SME financing patterns by identifying and analysing in detail the use of various financing instruments by SMEs.
From the smallest rural villages in Bangladesh to the large, bustling metropolitan centers of Cairo or Istanbul, small and medium enterprises (SMEs) are the lifeblood of Islamic communities around the world, keeping local economies humming.
The technology behind Bitcoin -- that electronic money almost nobody understands -- is finally on the verge of going mainstream. American Express (AXP), Bain Capital, Deloitte, Goldman Sachs (GS), MasterCard (MA), the New York Life Insurance Company, the New York Stock Exchange -- all of them have poured millions of dollars into Bitcoin firms recently.
The Global SME Finance Awards recognize financial institutions and FinTech companies for their outstanding achievements in serving SME clients with exceptional products and services.
Institutions that have successfully launched an innovative product or service for SME clients, achieved remarkable results in providing finance to SMEs, and specifically women-owned SMEs, or is an innovator in digital financial services, are encouraged to submit an entry in these categories (each institution can be considered for up to two categories).
Member PayPal Holdings Inc said on Thursday it was pledging $530 million to support black and minority-owned businesses in the United States and foster diversity, amid worldwide protests over racial injustice. $500 million will be devoted to the creation of an economic opportunity fund that will invest in black and under-represented minority businesses and communities, the U.S. electronic payments firm said, according to an internal memo and company statement.
The novel Coronavirus (SARS-CoV-2), which causes the Coronavirus disease (COVID-19) has infected over 7.45 million people worldwide and claimed over 400,000 lives globally.
This evaluation report highlights an exhaustive situation of what Nigerien businesses are going through in general and more particularly those grouped within "emerging women" in particular since the COVID-19 was declared in late March in Niger. It is a real question of survival that is played out for these companies confronted as highlighted by the report to a drop in production and sales linked to a problem of access to raw materials, packaging, and the layoff of technical workers.
