Alipay target: Serve 10m European SMEs by 2024
November 14th, 2019 – Alipay has set a target of supporting 10 million small to medium sized businesses in Europe over the next five years with new payment innovations and partner programmes. Expanding its existing partnership with Worldline, Alipay...
Can fintech companies provide SMEs with new financing options?
November 6th, 2019 – Small and mid-sized enterprises (SMEs) drive the ASEAN region. According to various estimates, 98 percent of businesses in the region are SMEs and contribute to around 40 percent of the ASEAN’s gross domestic product. Globally...
European patents help SMEs commercialise high-potential inventions, new study shows
November 4th, 2019 – A new study published by the European Patent Office (EPO) finds that small and medium enterprises (SMEs) rely on European patents to protect their high-potential inventions and that two thirds of these inventions are commerciall...
African Development Bank Inks €12.5 Million Deal With Adiwale Fund for SMEs
October 18th, 2019 – The African Development Bank on Thursday signed off on its €12.5 million equity investment in Adiwale Fund 1, a first-generation private equity fund targeting high growth potential Small and Medium Sized Enterprises (SMEs) in ...
SME Digital Banking Startups See Rapid Growth in Europe
October 21th, 2019 – The European Union (EU) is home to 24 million small and medium-sized enterprises (SMEs), representing about 99.8% of all companies and employing 93 million people that account for two-thirds of total employment. Although SMEs ma...
SMEs ‘Fail’ On Cyber Security
October 10th, 2019 – A survey by Chubb Australia suggests that only half of Australian SMEs are aware of their cyber reporting obligations, while less than half have a data breach response plan, and only a quarter have cyber risk insurance. The Noti...
Digital Technologies Can Facilitate Access to Trade Finance in Asia-Pacific Region
September 18th, 2019 – Financial technologies, such as blockchain and artificial intelligence, can enhance the efficiency and availability of trade finance, especially for small and medium-sized enterprises (SMEs) in the Asia and Pacific region, acc...
Facebook ties up with Teleperformance to offer advertising advice to SMEs in Africa
October 3th, 2019 – Facebook has tied up with Teleperformance to open its first Small Business Group (SBG) operations centre in Lagos. It will provide outsourced support to all English speaking advertisers in Sub-Saharan Africa. The centre will offe...
I4MS Issues a Training Tool on Digital Skills for the EU Manufacturing Sector
September 16th, 2019 – The I4MS online training catalogue is issued for delivering support to European SMEs on their digitalization process by providing the most in-demand skills in the manufacturing sector to aid them to remain competitive internat...
SMEs power Africa through digital disruption
SMEs are responsible for an estimated 77% of jobs in Africa and as much as half of GDP in some countries September 22th, 2019 – Digital disruption, underpinned by increasing levels of internet penetration and sophisticated global logistics, has brok...
