Launched last week, the platform has been designed for MSMEs and self-employed customers to help them undertake their business banking transactions digitally. The app enables customers in the export trade to settle inward remittances with greater ease and convenience as opposed to previous processes.
The agreement will enable Unicaja to offer international payments and cash management services through Ebury’s global transaction banking platform to its 400,000 SME customers and 3 million retail customers.
James Anderson, executive vice president, Digital Payment Products, discusses how Mastercard is using supply chain to power business, and looking at more ways in which they can make payment flows within the supply chain more efficient. In Kenya, Mastercard partnered with Unilever and Kenya Commercial Bank (KCB) to create Jaza Duka, a program that facilitates access to credit for small businesses, in this case merchants who are buying from Unilever.
This webinar will look at how some of the world's leading e-commerce platforms serve as a gateway to new SME finance services. By having access to data on a merchant's daily transactions, e-commerce platforms can gain special insights into as well as the risks and opportunities for financing small businesses. The platforms also can serve as channels enabling new and improved financial products for this sector.
El sector bancario de Latinoamérica está dominado por bancos comerciales, cuyo segmento de negocio más significativo, en términos de volumen de negocios y número de clientes, es el segmento Pymes. El financiamiento verde en Latinoamérica ofrece infinitas oportunidades para los bancos comerciales, particularmente en el segmento de Pymes y de medianas empresas, donde las "oportunidades de financiamiento verde" todavía no se han explotado por la banca.
Women entrepreneurs disproportionately face challenges in opening, operating and expanding their businesses - from lack of capital to inadequate banking services to insufficient business education and confidence.
Washington, D.C., September 4, 2018 – Spartan 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.
There are over 11 million formal SMEs in China and 58% of them are financially constraint according to the MSME Finance Gap 2017. The size of the finance gap is 17% of GDP. Digital and mobile banking opened new opportunities for affordable finance for China’s entrepreneurs by decreasing transaction cost of making a loan.
Through the first Africa SME Finance Forum, IFC, financial institutions and entrepreneurs are seeking to find solutions to close the $331 billion SME finance gap across the continent. The conference on May 15-16 explores local and global best practice SME banking solutions to harness digital technology, e-commerce and blockchain, to promote youth entrepreneurship and new SME banking models. Here are five highlights from Day 1 of the event.
