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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. Toh Su Mei “It is heartening to witness how MSMEs are growing beyond their markets, especially micro and small businesses.

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What are Developing Countries Doing to Improve Access to Finance?

The Fintech Times

A lack of access to credit and finance can cause issues for people worldwide, regardless of the countries they live in. Where the problem is felt most acutely, however, is generally in developing countries – so, now, we’re shining a spotlight on them, to see how they are approaching improving access to finance.

Finance 59
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Banks Elevate SMB Lending With FinTech Tie-Ups

PYMNTS

Open Banking and bank-FinTech collaboration are the new norm for financial institutions around the world looking to upgrade their offerings for small businesses (SMBs). and beyond, with small business lending a particular focal point of these partnerships. Banks Embrace FinTech For Business Lending.

FinTech 56
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13 Southeast Asian Fintechs Among CNBC’s Global Top 250 List

Fintech News

The list, produced by CNBC in collaboration with market research firm Statista, highlights the world’s top 250 fintech companies across eight market categories: payments, wealthtech, business process solutions, neobanking, alternative finance, financial planning, digital assets and banking solutions.

FinTech 133
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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. Furthermore, the region still has a $2.5trillion credit access gap, making up over half of the global shortfall in small business financing.

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

Fintech News

Over 200 submissions were received across six categories, with 175 entries in the corporate categories and 29 in the individual Fintech Mentor Award category. Walee Financial Services Hakeem is a cutting-edge digital financing app designed to facilitate seamless B2C financing in Pakistan. To date, the solution has disbursed $16.5

AI 108