Small Business, Big Change: FinTech’s Impact on SME Finance

This story was originally published on HackerNoon at: https://hackernoon.com/small-business-big-change-fintechs-impact-on-sme-finance.

Exploring how FinTech transforms SME finance with innovative solutions, challenging traditional banking's limitations in a growing digital economy.

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Small and Medium-sized Enterprises (SMEs) are the unsung heroes of the global economy. Despite their pivotal role, SMEs often find themselves in the banking world’s blind spot. Banks allocate a mere 20% of their business banking budgets to their work with small and medium-sized businesses.