Survey Report on Fintech for MSME Access to Financing
In the past 10 years, fintech innovations and alternative financing have erupted and thrived in the financial services sector, changing the financial landscape and serves customers for the better. These innovations have greatly benefitted the most vulnerable populations, including women-led MSMEs. While fintech represents a small share of the total MSME finance market, it holds potential for unprecedented solutions to the main barriers that MSMEs face.
This survey report provides insights on the regulatory landscape of the usage of fintech to increase access to financing for MSMEs and the overall promotion of financial inclusion. The report includes experiences from Kenya, the Philippines, Mexico, Morocco and Malaysia on the adoption of fintech services for MSMEs.