The Global SME Finance Forum 2023 (GSMEFF 2023) will take place in Mumbai from September 12–14, 2023. The SME Finance Forum is a dynamic forum that promotes SME financing. This year’s event’s subject, “Digital Ecosystems and the Future of SME financing,” highlights how important digital innovation has been in reshaping the SME financing scene. Read […]
On the first day of the Global SME Finance Forum 2023, notable speakers including Mr. Makhtar Diop, Managing Director of International Finance Corporation (recorded speech), Mr. Nandan Nilekani, Co-Founder and Non-Executive Chairman of Infosys, and Mr. Sopnendu Mohanty, Chief Fintech Officer of the Monetary Authority of Singapore, Mr. Dinesh Khara, Chairman of SBI, Mr. Sivasubramanian
Taurus, a Swiss crypto custody firm backed by Deutsche Bank (DBK), has partnered with Teylor, a Zurich-based fintech lending platform specializing in the German SME marketplace, adding to the current trend for all sorts of tokenized assets. Teylor’s credit portfolio tokens, whose structure was overseen by law firm Allen and Overy, can be admitted for secondary market
Deutsche Bank-Backed Taurus Starts Tokenizing German SME Loans Read More »
The investment into the leading SME supply-chain financing platform operating in Indonesia, Singapore, Thailand, and Vietnam, is set to accelerate its its expansion in high-growth markets like Indonesia, bolstering technological innovations, and cementing its position as the leading market player in supply chain financing.
01Fintech injects $20m into Validus to bolster SME financing in SEA Read More »
The India Digital SME Credit Report 2023 projects that during the next five years, there will be a demand for credit exceeding $570 billion due to the expected doubling of digital small and medium companies (SMEs). According to a report released by Redseer Strategy Consultants and the alternative finance platform GetVantage, there may be a
Bangalore/Mumbai: According to the India Digital SME Credit Report 2023, which was published today in association with Redseer Strategy Consultants and GetVantage, a possible US$ 220 billion credit shortage might be a barrier to the economic development of millions of digitally transformed enterprises. After accounting for sick and financially unviable firms, Redseer experts predict that
In spite of many government plans and incentives, small and medium-sized enterprises (SMEs) in India suffer intrinsic funding hurdles, according to a recent research by the Federation of Indian Chambers of Commerce & Industry (FICCI). The FICCI research emphasises how SMEs in India are transforming and being resilient.According to the survey, the most popular funding
At TechSparks 2023 in Delhi, Karun Arya, Mukesh Mohan Gupta, and Kartik Bakshi shared their insights on new approaches to financing for SMEs and startups, and offered valuable tips for easy financing and navigating the evolving landscape of business funding. https://yourstory.com/smbstory/new-approaches-finance-sme-startup-bharatpe-getvantage
HOW NEW APPROACHES TO FINANCE ARE SOLVING CREDIT PROBLEMS FOR SMES, STARTUPS Read More »
At SMEloans.com, we understand the urgency of securing funding for your business goals. While waiting for a loan approval can feel like an eternity, we strive to make the process as efficient as possible. However, the timeframe for approval can vary depending on several factors: 1. Loan Type and Complexity: 2. Application Completeness and Accuracy:
How long does it typically take to get approved for a loan? Read More »
According to State Bank of India Chairman Dinesh Kumar Khara, finance for small and medium-sized businesses (SMEs) is developing along the same lines as financing for retail establishments. As he noted at the Global SME Finance Forum, SMEs are paving the way for retail financing, with the majority of reliable information sources being accessible online.
SBI Chief: SME lending is changing to resemble retail financing Read More »