Banking on startups

How online-as-a-service financial solutions are helping SMEs get a head start.

Springwise6 Jun 2016
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For small and medium enterprises, limited cash flows can stunt their growth and progress significantly. But a new wave of online financial services are helping entrepreneurs manage their finances better and find a way around previously unattainable credit. These range from completely online, branchless banking services, to startups that digitize lending to make it more seamless. As a whole, the move to online decreases costs so customers can save on fees, democratizes banking as services can be used virtually anywhere, and enhances user experience through the automation of processing and data analytics.

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