During the Global SME Finance Forum 2018, Traity's Co-Founder and CEO, Juan Cartagena, demoed the company's services at the TechPitch on November 6.
Traity has partnered with some of the largest insurance companies in the world to launch Trustbond. Trustbond helps people replace the rental deposit with trust.
For one week every year, Sibos brings together some 8,000 business leaders, decision makers and topic experts from a range of financial institutions, market infrastructures, multinational corporations and technology partners.
With hundreds of speakers and conference sessions, nearly 200 exhibitors, and multiple networking events, Sibos is the place to discuss business strategy, build networks and collectively shape the future of the financial industry.
SME Finance Forum member DBS is working with Go-Jek to launch an app in the coming weeks focused on payment services. According to the article, DBS customers in Singapore will benefit from the upcoming beta-ride hailing services.
The International Finance Corporation (IFC), a member of the World Bank and SME Finance Forum member, Ant Financial Services Group (Ant Financial), operator of Alipay, have collaborated to offer 10X1000 Tech for Inclusion Programme. The initiative is aimed to increase support for tech leaders working to eliminate poverty and provide basic financial services more accessible in Indonesia.
The programme will train to 10,000 tech experts in emerging markets for the next 10 years, according to the article.
Under the new initiative, ‘Digital2Equal’ led by IFC, a sister organization of the World Bank and member of the World Bank Group, seventeen leading tech companies have joined together to support this initiative focused on increasing opportunities for women.
The companies participating include: Airbnb, Inc., Google LLC, LinkedIn, Didi Chuxing Technology Co, Elo7, Facebook, Giraffe, Jumia, Lazada, Lynk, Mercado Libre Inc, MyBank, Myntra Jabong, PayPal Holdings Inc., Salesforce.com Inc., SweepSouth and Uber.
The Global SME Finance Forum 2018 will explore how innovation in technology, regulation and partnerships can help overcome various informality problems, and open up a far larger market for profitable, sustainable, responsible financial services.
This year the conference titled People and the Digital Revolution: Advancing Our Social Mission through Technology will focus on the implications of the digital revolution on financial and social inclusion. We would like to explore how microfinance institutions can be proactive in embracing and making the most of technology to provide valuable opportunities for entrepreneurs, start-ups and social enterprises.
The Minister for Implementation Oliver Dowden revealed that SMEs have access to almost half of public sector spend in the following areas: digital, data and technology services.
According to the article,“Over £1.9bn has been spent with SMEs since 2012, the equivalent of £1.35 out of every £3 spent by government.”
The government is supportive of SME growth and is using the Digital Marketplace to make applications for accessing digital contracts easier for SMEs.
Kelvin Teo, Top 200 FinTech Influencers in Asia recipient, and Reynold Wijaya, Forbes 30 under 30 recipient are both Harvard Business School graduates and co-founders for the company Funding Societies | Modalku.
Funding Societies | Modalku is Southeast Asia’s largest peer-to-peer financing platform geared towards supporting SMEs grow their business and providing access to financing. The founders’ have a passion for serving SMEs and have experienced first-hand the issues SME’s face, as one co-founder grew up in an environment with a family-owned business.
One in three start-ups in the Arab World is led by women—a higher rate than in Silicon Valley, according to an IFC article. Improving access to finance and promoting digital platforms are key to helping them succeed. The article says that many entrepreneurs from the region believe that technology is one of the few spaces where everything is viewed as possible, including breaking gender norms, and is therefore a very attractive industry for women.
