According to the World Bank, SMEs account for roughly 90% of all companies and more than half of all employment worldwide. Despite this, these companies struggle to obtain financing, which can mean the difference between a small business flourishing, surviving, or having to shut down completely due to a lack of funding that limits their ability to scale or meet new demand.
Fintech on the other hand has been integrating technology into creating new business opportunities. However, what would be the critical role of Fintech in bridging the SMEs financial gap?
Talking Points include:
The challenges of SMEs coping amidst pandemic
Critical roles of Fintech
Building resilience in the fintech industry
1) Ang Xing Xian, CEO & Co-Founder, CapBay
2) Naysan Munusamy, Co-founder, MoneyMatch
3) Elain Lockman, CEO, Ata Plus
Moderator: Karamjit Singh, CEO, Digital News Asia