B2B Fintech News
Insurance sector can fill Arab world’s US$123 billion SME funding gap
Small and medium enterprises (SMEs) in the Arab world are finding it challenging to secure financing from traditional banks as the latter..
Read MoreChina announces relief measures to boost support for SMEs
To boost support for SMEs amid downward pressure and uncertainties, China’s Ministry of Industry and Information Technology has decided to step up relief for SMEs..
Read MoreAllica Bank buys AIB Group’s £600 million UK SME loan portfolio
Allica Bank has decided to purchase AIB Group’s £600m SME lending book, following the latter’s decision to exit from the United Kingdom’s SME market. The transaction..
Read MoreLithuanian SMEs to get €100 million funding to tide over pandemic impact
Lithuania-based financial intermediary UAB SME Bank has inked a guarantee agreement with the European Investment Fund that..
Read MoreCiti unveils sustainability-linked supply chain finance in the Asia Pacific
To support its clients in advancing their ESG (Environmental, Social, and Governance) priorities and manage their working capital..
Read MoreMSME’s contribution to Nigeria’s GDP may rise from current 49% to 70% by 2025
ontribution to the country’s Gross Domestic Product from the current 49% to 70% by the close of 2025, according to Dikko Radda..
Read More84% of SMEs in Australia think bank loans are difficult to secure
A new report published by RedZed, Australia’s self-employed loan specialists, has found that the vast majority of SMEs across the country are skeptical about obtaining a bank loan..
Read MoreDebt-ridden micro-entrepreneurs in Bangladesh deprived of stimulus package
The Bangladesh government had unveiled a stimulus package of Tk230 billion for small and micro-entrepreneurs to help them tide..
Read MoreMortgage brokers in Australia want to diversify into SME finance but lack confidence
Residential mortgage brokers are keen to diversify into SME lending as 20 to 30 percent of their present clients are business owners..
Read MoreLoan disbursement to MSMEs jump 2.5 times in India’s most populous state
Loan disbursement to MSME units in the most populous Indian state of Uttar Pradesh has surged 2.5 times within the past four years..
Read MorePak’s new SME Policy to be unveiled on Nov 15 may have big incentives
Pakistan government will announce its Small and Medium Enterprises Policy 2021-25 on November 15. It is likely to have proposals..
Read MoreDemand of SMEs for finance surging across Australia, says study
A study conducted by leading fintech lender Prospa has confirmed that demand of SMEs for commercial financing is rising across..
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