Fintech
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Apart from enabling on-demand working capital, next-generation solutions are offering businesses what they want—which is providing customisable pre-qualified product offers embedded at the point of interaction. This means that FinTech lenders now have the flexibility to mix and match best-in-class loan providers to build their market-leading working capital financing products and experiences. For borrowers, next-gen working capital tech brings down the application-to-cash process to just 24-48 hours. This is a massive impetus for the underserved Micro, Small, and Medium Enterprises (MSMEs) segment, with $819 billion of addressable demand. Next-gen working capital financing solutions are designed to help MSMEs overcome credit limitations and significantly revolutionise the way they manage working capital tech.
May 10, 2024