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Yuze Expands Business Banking Offerings to India, Supporting SME Growth in the Region

The Fintech Times

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.

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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. ” said Toh Su Mei, CEO of ANEXT Bank.

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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. Each day, approximately 500 micro and small business owners use their app to apply/request for a business loan. Four finalists were shortlisted in each category.

AI 108
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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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13 Southeast Asian Fintechs Among CNBC’s Global Top 250 List

Fintech News

This approach has enabled CapBay to provide over MYR 3 billion (US$643 million) in financing to more than 1,700 underserved SMEs across 20 diverse industries. The company offers innovative digital financial services aimed at empowering local and regional micro, small, and medium enterprises (MSMEs).

FinTech 133
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What are Developing Countries Doing to Improve Access to Finance?

The Fintech Times

Mila Khrapchenko, co-founder and co-CEO at Ameetee “They often progress faster in financial inclusion than developed nations due to more acute financial accessibility issues, lower living standards, and lower market entry barriers. Micro and nano lenders often deal with borrowers who have no bank accounts or credit bureau records.

Finance 59
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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. The company has taken an aggressive but strategic approach towards new market entry, expanding globally through its open engineering and easy integration. Source: Square.