FinTech’s Role in SMEs and Inclusive Growth

FinTech’s Role in SMEs and Inclusive Growth

SMEs account for 90% of businesses and 50% of employment globally. However, limited financial access and regulatory complexities prevent these firms from realising their full potential, blocking the route to inclusive growth.

Fintech offers a lifeline. With half of the 65 million SMEs in developing countries unable to secure formal credit, collateral-light platforms like Jakarta’s KoinWorks are boosting capital and enabling global connectivity. But hurdles persist.

Access Partnership convened an expert panel to discuss how governments and industry can leverage digital innovation to build an inclusive environment in which growth is driven from the bottom up.

Panel:

  • Amira Karim, Public Policy Lead (Payments & Financial Services), Amazon
  • Flora Coleman, Global Director of Policy and Government Relations, Klarna
  • Mimi Zou, Co-Founder, Deriskly
  • Rami AminDirector Global Engagement and Innovation, Visa
  • Daiana Beitler, SVP Strategic Partnerships and Government Relations, dLocal

Related Articles

Access Alert: India General Elections 2024 – What’s Next?

Access Alert: India General Elections 2024 – What’s Next?

Between 19 April and 1 June, India held the world’s largest democratic elections, with 969 million eligible voters. This marathon...

8 Jul 2024 Opinion
Access Alert: 2024 UK general election – Labour triumphs with pledge for change

Access Alert: 2024 UK general election – Labour triumphs with pledge for change

Labour landslide UK voters have elected the first Labour government since 2010, ending 14 years of Conservative-led administrations. At the...

5 Jul 2024 Opinion
India’s App Market: Creating Global Impact

India’s App Market: Creating Global Impact

The Indian app market is experiencing rapid growth and continues to solidify its position as a major global player. For...

2 Jul 2024 Opinion
The State of Broadband 2024 Annual Report: Leveraging AI for Universal Connectivity

The State of Broadband 2024 Annual Report: Leveraging AI for Universal Connectivity

With the artificial intelligence (AI) revolution already well underway, the Broadband Commission has added yet another task to AI’s to-do...

2 Jul 2024 Opinion