As cloud-based tools proliferate, small businesses looking to be more nimble, efficient and organized have been turning to them for a variety of key tasks, from billing, scheduling and collaboration to project management, time tracking, video conferencing, marketing, hiring and customer engagement.
Eugene Danilkis, CEO and Co-Founder of Mambu (a member of the SME Finance Forum) shares with Medium how he built this fintech company. Danikis talks about his background and how it led to founding Mambu, and what the company offers. He says, "That’s what differentiates us — through our platform clients can design and launch products themselves quickly, scale easily and do it with a small team.
Drawing on research in Brazil, India, Pakistan, the UK and the USA , the report finds that social enterprise is being used to support women’s empowerment in four powerful ways:
The EBRD is providing Banque de Tunisie with a financing package that consists of a €50 million loan for on-lending to small and medium-sized enterprises (SMEs) and a US$ 20 million trade finance line that is expected to be signed shortly.
The SME market segment accounts for more than 90 per cent of all businesses in Tunisia. It is therefore a vital engine to provide jobs, build a modern diverse economy and to boost long-term, sustainable growth.
This Australian Securities and Investments Commission (ASIC) report provides an overview of marketplace lending involving the provision of financial products or services, based on the findings from ASIC’s survey of a limited cross-section of marketplace lending providers for the 2016–17 financial year.
As a new SME Finance Forum member, Mambu was excited to participate in the Global SME Finance Forum and host a study tour at their Berlin office. The Forum gathered over 400 representatives from SME lenders and banks, as well as donors and investors to discuss how the digital revolution can help SMEs gain better access to financial services. But why are SMEs considered the missing middle and which digital trends can help close the credit gap? In this article Mambu explains.
Mihasonirina Andrianaivo is a Senior Financial Sector Specialist working in Finance and Markets operations in the South Asia Region the World Bank. In this blog, she writes about programs announced in recent years that have fostered a more favorable business environment for fintech models to emerge in the MSME lending space – in India.
Mastercard jointly announced with Governor Andrew Cuomo that it will add to its New York state operations with the expansion of its New York City Technology Hub. The company will relocate its current tech hub operations to a new Flatiron location at 150 Fifth Avenue and nearly triple its work force through the creation of over 470 new jobs by 2024. The Mastercard technology hub, located in the Flatiron district, is home to members of the company's digital product, operations technology, Masterpass, and research & development teams.
The SME Finance Forum recognized 10 of its 134 member organizations on November 2 at our annual gathering in Berlin. The first Membership Engagement Awards recognized members that have strengthened its global network in three categories: 1. Best Contributor, 2. Best Participant and 3. Best Partnership.
The recipients were:
Oxford University’s Linda Scott, Emeritus DP World Professor for Entrepreneurship and Innovation at Said Business School has launched The Global Business Coalition for Women’s Economic Empowerment (GBC4WEE) initiative, with a document that brings together her perspective of the collective learning of nine companies engaged in women’s economic empowerment programmes around the world: The Coca-Cola Company, ExxonMobil Foundation, Goldman Sachs, Marks & Spencer, Mondeléz International, Mastercard Center for Inclusive Growth, PwC, Qualcomm® Wireless Reach™, and Walmart.
