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Singapore’s ANEXT Bank Reports Doubling of Its MSME Clients

Fintech News

ANEXT Bank, a digital wholesale bank based in Singapore and a subsidiary of Ant International, has reported a substantial increase in its micro, small, and medium enterprise (MSME) customer base. ANEXT Bank continues to focus on serving the underserved MSMEs.

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What are Developing Countries Doing to Improve Access to Finance?

The Fintech Times

“Microfinance institutions and digital lending platforms are gaining traction, providing credit to small businesses and individuals who lack traditional collateral.” Traditional banks struggle with high-risk borrowers, so microfinance companies step in, providing credit to individuals and small businesses.

Finance 59
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Micro-Businesses? Major Role In SMB Banking Disruption

PYMNTS

Solopreneur, independent contractor, freelancer, gig worker – regardless of the name, micro-business owners can largely agree that, when it comes to traditional banking, they’re often left out in the cold. “I think we can all agree that small businesses are at the epicenter of our economy. .

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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. Now both companies have moved beyond payments and built new businesses that serve a range of needs for small businesses. Business lending & corporate cards.

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

Fintech News

The company provides flexible capital access to small and medium-sized enterprises (SMEs) with competitive interest rates and flexible options in loan tenors, payment models, and collateral participation. Akseleran connects small businesses in need of loans with groups of diverse lenders to secure necessary funding.

FinTech 114
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24 Industries & Technologies That Will Shape The Post-Virus World

CB Insights

Industry proponents have been making the case for telehealth for years, pointing to its potential to lower costs, ease pressure on overextended healthcare systems, and make care more accessible in rural and underserved areas. The small business sector has also seen an increase in adoption of contactless options.

Posting 101