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Designed to serve the needs of micro and small businesses (SMEs) and freelancers, Yuze offers financial solutions that look to support local businesses and fuel growth in Indias economy. With its entry into India, the company aims to expand its impact by leveraging the nations growing fintech ecosystem.
13 fintech companies from Southeast Asia have been named among this year’s top 250 fintech companies worldwide, recognized for their growth and significant impact on the global fintech landscape. These companies are featured on the World’s Top Fintech Companies 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. ” said Toh Su Mei, CEO of ANEXT Bank.
The Singapore Fintech Festival (SFF) has announced the finalists for its 2024 Fintech Excellence Awards, organised in partnership with the Singapore Fintech Association (SFA) and supported by PwC Singapore. Each day, approximately 500 micro and small business owners use their app to apply/request for a business loan.
Now encapsulating a focus on societal impact and the environment, the term ‘fintech for good’ has evolved from its initial meaning of charity. This July, we are on the hunt to find out how the fintech industry is doing ‘good’ for local communities and the world, revealing current and future plans to make change. “2.
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.
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. “Over the last 10 or 15 years, we’ve seen a lot of micro-businesses emerge that do a lot with fewer people.
In an interview at CB Insights’ 2019 Future of Fintech conference, CFO and CPO William Gaybrick indicated that businesses are more constrained by developer resources than by capital. 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.
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. Regulation will play a significant role in how opportunities in the fintech space take shape in a post-Covid world.
Hyper-Personalisation Through AI As seen in the top 5 trends shaping the fintech scene in Singapore , AI has been the talk of the town for the banking sector since it first shared its limelight back in 2020. Open banking could drive significant advancements in financial inclusion across underserved markets.
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