Micro-Entry Small Business Underserved 
Fintech News
JUNE 5, 2024
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.
The Fintech Times
NOVEMBER 6, 2024
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. Furthermore, the region still has a $2.5trillion credit access gap, making up over half of the global shortfall in small business financing.
The Fintech Times
JULY 24, 2024
“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.
Fintech News
OCTOBER 28, 2024
Over 200 submissions were received across six categories, with 175 entries in the corporate categories and 29 in the individual Fintech Mentor Award category. Each day, approximately 500 micro and small business owners use their app to apply/request for a business loan. To date, the solution has disbursed $16.5
PYMNTS
JUNE 20, 2018
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. .
CB Insights
FEBRUARY 13, 2020
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.
Fintech News
JULY 23, 2024
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.
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