During the meeting, the prime minister directed the State Bank of Pakistan (SBP) to take steps to further simplify the loan ...

The big banks face competition from agile challengers that have entered the SME market, forcing them to rethink their ...

Alternative finance couldn’t have taken on lending for small- and medium-sized enterprises any sooner. By the time the financial technology industry had grown enough that alt-finance companies had the ...

Businesses looking for short-term capital can access funding in rapid time thanks to a new partnership between Experian and alternative lender, TRIVER. TRIVER aims to enhance the SME lending process ...

Small and medium-sized enterprises (SMEs) are the backbone of the UK economy. According to a recent report by the British Business Bank, they account for 99.9% of all businesses in Britain. Yet, they ...

Small businesses do the heavy lifting, but fair access to finance is still out of reach for many. In 2024, gross lending rose 13% to just over £16 billion (UK Finance). But repayments outpaced new ...

RIYADH, Saudi Arabia--(BUSINESS WIRE)--Qarar, a wholly owned subsidiary of SIMAH and the Middle East’s prominent data analytics and credit decisioning company, and Biz2X, a global fintech technology ...

has raised US$3 million in a blended seed funding round comprising equity and debt as it accelerates digital lending for small and medium-sized enterprises (SMEs) across the country. The equity ...

Kotak Mahindra Bank has reduced the time taken to process fresh SME loans by 60% through artificial intelligence (AI) and machine learning (ML)-based digital underwriting tools, a senior bank official ...

LHV Bank, a provider of banking services to fintechs and SME lending solutions for UK businesses, announces the extension of its maximum loan size to £5 million, enabling further support for UK SMEs ...

Large lenders — including Equity, KCB and Cooperative Bank of Kenya — have borrowed billions of shillings to support small entities in the wake of Covid-19 disruptions. Now, these banks are facing the ...

Impact of COVID-19 on SMEs: 67 percent of Indonesia’s SMEs expect to take up new or alternative borrowing products in 2022 An overwhelming majority (70 percent) of APAC SMEs are less than satisfied ...