How Fintech Is Bridging The Trade Finance Gap Among MSMEs
Securing funding has long been problematic for micro, small and medium enterprise (MSME) businesses. Bank loans often require solid credit history, a long track record, or proof of ample cash revenue to gain approval. This is simply not possible for many small businesses and is especially cumbersome for small companies located in developing countries such as India and Mexico. Although investments are the key to growth for these populations, it is often hard to come by from traditional financial institutions. Q4 2021 hedge fund letters, conferences and more Enter fintech. Financial technology (...