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HSBC Supports Funding Societies With Third Credit Facility to Support APAC Businesses

The Fintech Times

Southeast Asian digital finance platform for micro, small and medium enterprises (MSMEs), Funding Societies , has signed its third credit facility with HSBC under its ASEAN Growth Fund. The post HSBC Supports Funding Societies With Third Credit Facility to Support APAC Businesses appeared first on The Fintech Times.

APACS 52
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SFF 2024 Awards Highlights Fintech Innovation with Updated Categories, New AI Focus

Fintech News

These awards highlight companies and individuals whose fintech initiatives have contributed to advancing financial technology, promoting financial inclusion, and improving service delivery. Each day, approximately 500 micro and small business owners use their app to apply/request for a business loan. million in loans.

AI 91
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What are Developing Countries Doing to Improve Access to Finance?

The Fintech Times

“Regulatory frameworks are being adjusted to support fintech innovations and foster a conducive environment for financial technology growth. .” They also tend to be micro and nano lenders, which cater to the lower-income segments who are most in need of financial inclusion.

Finance 58
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Mastercard’s Head Of Innovation: How The Microsoft Partnership Will Boost Digital Commerce Globally

PYMNTS

He said Mastercard has already launched inclusion initiatives all over the world in healthcare, agriculture, education and micro-retailing. In partnering with Microsoft, Mastercard aims to broaden the reach of those programs, expanding them beyond the financially excluded to the financially vulnerable.

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13 Southeast Asian Fintechs Among CNBC’s Global Top 250 List

Fintech News

The company utilizes data analytics and machine learning (ML) algorithms to conduct comprehensive credit assessments of SMEs, considering financial metrics, transactional dynamics, performance monitoring, and industry risks. Beyond traditional banking, the bank is committed to social and environmental impact through the DBS Foundation.

FinTech 121
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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

In the same way that Square built a payment-centric ecosystem for brick-and-mortar SMBs and micro-merchants, Stripe has reinvented online payment acceptance. In late 2019, Stripe entered into the provision of financial services products to customers. Source: Square. Business lending & corporate cards. Source: Stripe.