The FinTech Unbundling of SME Finance

Table of Contents

When you read the word SME, you may be used to associating it with a traditionally analogue, offline business. Where do early-stage startups, e-commerce merchants or online creators fit in that picture? Aren’t they also SMEs? The simple answer is yes, but the nuanced one would be that it’s an apples-to-oranges comparison. ‍♀️With the advent of the internet economy, the definition of small and medium enterprises (SMEs) has evolved to become a dynamic one. Out-of-the-box business models and organisation structures all now fit into the expanding definition. It’s only natural that the financial services industry has developed in a similar fashion.SMEs are a BIG market opportunity. We won’t bore you with the numbers you’ve already read a thousand times – 90% of businesses and 50% of employment worldwide; you know the drill. What we instead want you to pay close attention to is just how extensive the SME finance opportunity is and how FinTech is writing a new chapter in the story.(Having said that, we at WhiteSight believe in the recognition of new players in the space and are always on the lookout for FinTech trailblazers. If you’re an SME FinTech, reach out to us at hello@whitesight.net, or comment below […]

This post is only available to members.

Already a subscriber? Log in to Access

Unlock this blog

Gain exclusive access to this blog alone.

Radar Subscription

Select a membership plan that resonates with your
goals and aspirations.

Not Ready to Subscribe?

Experience a taste of our expert research with a complimentary guest account.

We publish new research regularly. Subscribe to stay updated.
No spam. Only the best in class fintech analysis.

    Related Posts
    Infographic design depicting the timeline of market events shaping Canada's Open Banking landscape.
    Complimentary Research

    Canada Open Banking: Glacial Pace or Strategic Patience? Canada, a nation renowned for its politeness and measured approach, has finally...

    Infographic design of Apple's Pay Later shift, highlighting how it's going from its solo-approach to partner with BNPL players and more to offer flexible payments.
    Complimentary Research

    Apple’s Strategic Shift in BNPL This is a quick look at Apple’s strategic shift from building its own BNPL solution...

    Infographic design depicting the various partnerships between players leveraging open banking for applications in identity and income verification, as well as fraud and risk management.
    Complimentary Research

    From Data Streams to Enriched Data Fountains Remember the early days of plumbing? Water flowed freely, but its quality was...

    Infographic design showcasing the many players driving the diverse open banking use cases in North America across the segments of A2A Payments, Credit Decisioning, Identity and Fraud, as well as Tech Partnerships.
    Complimentary Research

    North America’s Open Sesame: Use Cases Bloom Open banking has garnered significant attention in recent years, and at Whitesight, we’ve...

    Infographic design depicting table of the profitable digital banks of 2023, the type of profitability they achieved, as well as the duration it took them to achieve it.
    Complimentary Research

    Profitability Unlocked: Licences, Service, and Survival The rise of digital banks has sparked a paradigm shift in how we perceive...

    Infographic design showcasing the gambling and gaming industry players leveraging open banking via principles of data sharing and payments for responsible gambling.
    Complimentary Research

    High stakes in the gambling sector The online gambling industry is booming, with a projected market size of $107.3B by...

    Select currency