Eventos
de abril
12
SME FINANCE FORUM
Communities of Practice
de abril 12, 2023
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2023-04-11 20:00:00
2023-04-11 20:00:00
Development Finance Institutions Community of Practice - Impact Measurement
The second meeting exclusively for the DFIs in our member community. Two members will be presenting on the subject of impact measurement in SME Finance, followed by a roundtable discussion among our DFI members on how to better coordinate international and domestic DFIs work in this complex and demanding task.
Domestic and international development finance institutions (DFIs) are specialized banks created by government(s) to promote economic growth, poverty alleviation, SME development, job creation, gender equality, etc., both in developing and developed economies. DFIs adopt the same rules, policies and use the same instruments as commercial banks, such as loans, credit lines, equity, and guarantees. Due to their different focus and development mandate, they tend to take more risks and adopt a longer-term perspective on their financial performance and profitability than commercial banks. Because of the differences mentioned, DFIs face specific challenges, many of which need to be encountered by commercial financial institutions.
DFIs represent an important component of the membership of the SME Finance Forum. While many of the activities of the SME Finance Forum are relevant and valuable for the DFI members, a community of practice of development finance institutions is deemed necessary so to enable them to share their learning and experiences with one another as well as to explore ways they could collaborate and explore a partnership.
Chair
Joseph Nnanna - Chief Economist, Development Bank of Nigeria
Presenters
Paula Pelaez Zambrano - MSME Lead, IDB Invest
Dr. Ravindra Singh - Head of Green Vertical, SIDBI
Key Takeaways from the Session
A write-up highlighting the challenges evaluating the effect of DFI interventions aimed at SME FInance and the solutions offered by Development Bank of Nigeria, IDB Invest and SIDBI is available on the Member's portal.
SME FINANCE FORUM
ronyg@panapps.co
America/New_York
public
de abril
05
SME FINANCE FORUM
Marketplace
de abril 05, 2023
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2023-04-04 20:00:00
2023-04-04 20:00:00
SME Finance Virtual Marketplace - April Session
The “SME Finance Virtual Marketplace” is an online match-making platform that promotes partnership and collaboration between members of the SME Finance Forum, especially financial institutions, fintech companies and development finance institutions/ investors. The virtual Marketplace is powered by GlobalLinker, an AI powered ‘Digital Ecosystem’ offering SMEs a range of services to build digital presence including e-commerce.
April Marketplace Session
This monthly marketplace session, scheduled on Wednesday, April 5th from 8 am to 9 am EDT, will feature Leading Small Business Lenders and Finance Facilitators who will present their MSMEs Product and Services.
Following the presentations, participants can reach out directly to the presenters to make inquiries or explore partnership opportunities!
Companies Pitching
Asaas
Asaas is a fintech company that offers solutions to automate the financial back-office of companies in Brazil, focusing on Accounts Receivables, Payables and Credit. In 2021, the Company received its Payments Institution license from the Brazilian Central Bank, and in 2022 received its Credit license. Asaas was founded in Joinville, Brazil in 2014.
FintechOS
FintechOS is the global leader in fintech enablement, with a mission to make fintech innovation available to every company. The FintechOS platform simplifies and accelerates the launching, servicing, and expansion of financial products and services, helping businesses recognize value up to 5 to 10 times sooner than with other approaches: with FintechOS, companies can get up and running with new financial solutions in as little as 12 weeks. Unlike others, FintechOS breaks data free from the core, enabling the creation of personalized and differentiated products and customer journeys at scale. FintechOS connects with any ecosystem tech or service – financial and non-financial – and can plug anywhere in the tech stack, working with existing and legacy tech that companies want to keep.
A global employer with offices in London, New York, and Bucharest, FintechOS customers range from globally strategic companies like Groupe Société Générale, Admiral Group, and BPCE Oney, to game-changing players like Oney, eMag, and Howden. Its partners include niche consulting agencies, global consulting firms, and systems integrators, including Deloitte, EY, and PWC.
Finnovating
Finnovating is the first B2B FinTech platform that connects 50,000+ FinTech, InsurTech, and PropTech with corporations and investors globally by promoting sustainable development and financial inclusion. Through its proprietary AI algorithms Finnovating is accelerating the open innovation and the collaboration between financial institutions and the best FinTech solutions to reinvent the way of doing finance in every corner of the world.
Presenters
Rodrigo García de la Cruz - CEO - Finnovating
Rodrigo is probably the largest Fintech worldwide connector as he is cofounder of the IberoAmerican FinTech Alliance, European Digital Finance Association and the Spanish FinTech and InsurTech Association. On the other hand, he is the Founder of Finnovating, the first global Platform that connects 50,000+ fintech from 150+ countries with corporations and investors. He is Robotic engineer, economist with studies in the LSE, and former director of entities such as Citibank, Barclays or Santander Bank. He has also launched the first FinTech fund in the south of Europe in 2015.
Piero Contezini - President and Co Founder - Asaas
Piero holds a B. Sc.in Financial Management and is a self-taught software developer and entrepreneur. He started his professional career at 16 years old in the field of information security consulting. Before creating Asaas in 2014, Piero co-founded 3 other companies, including ContaAzul, the largest ERP for small companies in Brazil. Today, Piero is the Executive Chairman of Asaas.
João Vitor Possamai - Chief Financial Officer - Asaas
João Vitor is the CFO at Asaas. Prior to joining the Company in 2021, João was a Principal at CPP Investments covering Latin America, where he participated in 7 transactions totalling US$ 3bn in equity investment. Previously, João also worked in Investment Banking at HSBC in São Paulo and Macquarie in NYC. João holds a B. Sc. in Finance and Accounting from NYU.
Eric Abcouwer - Sales Director for Benelux, France and Nordics - FintechOS
Eric joined FintechOS in 2022, and he is currently Sales Director for Benelux, France and Nordics. Eric' role sees him collaborating with financial institutions across mainland Europe on bringing digital innovation and transformative financial products and services to market.
He's been helping financial institutions to innovate and improve their bottom line for over 25 years, working for both early stage technology providers as well as incumbent core banking companies selling to the financial institutions across Europe, US and far east.
How does the Marketplace operate?
To participate in the marketplace, each institution must have:
An institutional profile (company profile and products/services offering)
A personal profile (individuals representing the companies)
Individuals on the Marketplace can explore products and services available (investment products, advisory services, technology solutions...etc. ) and reach out to one another to discuss potential collaboration and partnership.
To learn how to set up a company profile, a listing and an individual profile, please read the User Manual in this link.
Feel free to let us know should you have any questions or need any assistance to smefinanceforum@ifc.org.
SME FINANCE FORUM
ronyg@panapps.co
America/New_York
public
de marzo
29
SME FINANCE FORUM
Communities of Practice
de marzo 29, 2023
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2023-03-28 20:00:00
2023-03-28 20:00:00
Women Entrepreneurs Finance Community of Practice - Gender Intelligent Design in Financial Services
The presentations shown during the meeting as well as the minutes are visible to Members of the SME Finance Forum who are logged in to the Member Portal.
Background
The objective of the Women Entrepreneurs Financing Community of Practice (CoP) is to effectively share knowledge and best practices, tools, and innovative products to facilitate increased services to W-SMEs. To discuss and agree on how best to build a sustainable community of practice, we organized the first meeting on December 16th, 2020. Its purpose was to discuss and agree on priority areas of focus and how to best structure the CoP to serve members on how best to build a sustainable community to effectively share lessons learned on increasing financial services to W-SMEs.
Topic
The SME Finance Forum’s MSME Finance Gap estimates a $1.53 trillion finance gap for Women-MSMEs (W-MSMEs). To close the gender finance gap, it is important that banks, fintechs and other financial service providers (FSPs) embed the unique needs and constraints of women MSMEs and consumers in the design and delivery of financial services.
Historically, FSPs have offered “gender-neutral” products and services to both men and women. Demand-side constraints, combined with limited gender-disaggregated data, leave FSPs without good insights on W-MSMEs unique wants and needs for financial services. Hence, most financial products are designed “gender neutral” without women in mind. However, if product design does not intentionally consider women’s realities, it is built for men—as demonstrated by the persistent gender gap in financial and digital inclusion.
A “gender-intelligent” approach aims to overcome women’s specific constraints through data-driven design based on market research to create distinct customer value. FSPs must take a gender-intelligent design approach, drawing on quantitative and qualitative research and focusing on creating value for women. To close the gender finance gap and reap benefits for both W-MSME and their institutions, FSPs must take a gender-intelligent design approach.
During the next session our partners from Women’s World Banking and FinEquity will share evidence and examples of why designing financial services for women is critical. They will share practical insights, resources and tools on segmentation approaches, user research, design principles and methodologies. Reinforcing evidence that focusing on women can bring benefits to this largely untapped market, that flows back to the FSPs that serve them, and economies as a whole.
Objectives
Demonstrate the potential for gender-aware design
Share experiences and lessons on gender-intelligent design and models
Showcase approaches, resources, and tools for gender-intelligent design
Deep Dive into research and market segmentation methodologies
Data – Gender disaggregated data, alternative data, filling data gaps
Discuss challenges, mitigation techniques and possible solutions
Facilitate CoP participants’ contribution in sharing unique experience and solutions
Moderator
Jose Felix Etchegoyen - Senior Operations Officer - IFC
José has over 25 years of experience in international banking and emerging markets, focused on unbanked or underserved populations. Currently at IFC, he leads advisory services, product development and strategy for the Banking on Women business line. He also leads mentoring and training activities on best practices in Banking on Women. He supported several financial inclusion and women economic empowerment projects globally with focus on underserved populations (MSME, Women, Immigrants, etc.). He leads projects across two continents focusing on SME, gender finance and digital financial services. He supports banks in the structuring and launching of value propositions focus on sales approach, credit underwriting processes and non-financial services for middle market, SME, and micro segments. Jose leads IFCs Data and Gender Global Practice Groups to ensure the adherence to best practices across MSME banking, gender finance, data and analytics. Prior to joining IFC, he served as Director of Financial Services at PricewaterhouseCoopers Advisory Services in Washington D.C. and Principal Banking Solutions Specialist at SAS Institute in Miami, Florida. He also worked in leading FIs in the USA. and Latin America such as Citibank and Banco Santander. José holds a Master of Business Administration (MBA) in International Business Strategy and Finance from the Kellogg School of Management (Evanston, USA).
Volunteers
Marina Dimova - Global Director, Financial Industry & Network Advocacy - WWB
Marina as the Global Director of Financial Industry & Network Advocacy leads the efforts to support Network Members and financial services providers across the industry to adopt best practices, share knowhow and take tangible actions to advance women’s financial inclusion. Women’s World Banking’s vision is to build a strong peer-learning community, which not only supports Network Members along their respective journeys to women’s financial inclusion, but also is a strong voice and champion for women’s financial inclusion for the financial industry. Marina also leads Women’s World Banking Fintech Innovation Challenge and engagements and partnerships with the fintech industry. In her previous role as Managing Director, Design and Innovation, she focused on identifying and designing innovative financial solutions for women and girls. Marina is a designer with over 18 years of experience developing, implementing and scaling innovative solutions to social problems. Previously, Marina was a Vice President at ideas42 and Associate Research Director at Ikatu International. She has also worked on agricultural value chains and private sector development at the World Bank, and in finance and healthcare consulting.Marina holds an MPA in International Development from Harvard Kennedy School, and a B.A. in Economics and Government from Franklin & Marshall College.
Catherine Mclennan Highet - Consultant - FinEquity
Catherine is the Digitally Enabled Financial Inclusion Thematic Lead at FinEquity. Prior to this role, Catherine worked with the GSMA Connected Women program and FHI 360, focusing on digital inclusion activities, including DFS, digital identity, and gender equality. She has also consulted for several digital development partners in the public and private sectors including IREX, Mozilla, and GIZ.
If you are not a member and interested in participating, please send an email to Minerva Kotei
SME FINANCE FORUM
ronyg@panapps.co
America/New_York
public
de marzo
22
SME FINANCE FORUM
Immersion Program
de marzo 22, 2023
Singapore
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2023-03-21 20:00:00
2023-03-21 20:00:00
Immersion Program 2023: DBS and Tyme, Singapore
The Forum hosted an immersion program to DBS and Tyme on March 22 & 23 in Singapore.
The presentations shown during the immersion program are visible to Members of the SME Finance Forum who are logged in to the Member Portal.
DBS is a leading financial services group in Asia, with over 280 branches across 18 markets, employing 23,000 staff. Headquartered and listed in Singapore, DBS has a growing presence in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's "AA-" and "Aa1" credit ratings, is among the highest in the world. DBS is at the forefront of leveraging digital technology to shape the future of banking, and has been named “World’s Best Digital Bank” by Euromoney. The bank has also been recognized for its leadership in the region, having been named “Asia’s Best Bank” by several publications including The Banker, Global Finance, IFR Asia and Euromoney since 2012. In addition, the bank has been named “Safest Bank in Asia” by Global Finance for nine consecutive years from 2009 to 2017.
Tyme is a multi-country digital banking group, focused on bridging the digital divide in emerging markets, by integrating into physical retail ecosystems. Headquartered in Singapore with offices in Hong Kong and Ho Chi Min City, Tyme designs, builds, and commercializes digital banks for the mass market, with a particular expertise in serving under-served and under-banked populations. Tyme’s flagship operation is TymeBank, with almost six million customers in South Africa since launch in February 2019. Tyme’s hybrid model of digital banking and physical service has made banking accessible to South Africans across the economic spectrum with one in every six eligible South Africans holding a TymeBank account. Tyme has recently launched its Philippines operation, GOtyme, together with the Gokongwei Group, and will hit 100,000 customers by year end.
During the two-day program, participants will learn about DBS and Tyme's digital transformation journey and experience in Southeast Asia. Members will get access to in-depth knowledge about their operations and innovative banking solutions.
1. Eligibility
Members of the SME Finance Forum are eligible to participate in the immersion program. We have a limited number of spots available and therefore each interested member institution should nominate no more than two representatives to attend.
2. Cost
Members will be charged $500 per attendee, which is non-refundable (except in event of health or other emergencies). The fee can be transferred to another senior employee of the member's institution.
3. Registration
Registration is now closed.
Please contact Mohan Chen at mchen13@ifc.org if you have any questions or concerns.
4. Agenda
The detailed agenda is visible to Members of the SME Finance Forum who are logged in to the Member Portal
Singapore
SME FINANCE FORUM
ronyg@panapps.co
America/New_York
public
de marzo
21
SME FINANCE FORUM
Marketplace
de marzo 21, 2023
HYBRID EVENT (On site Singapore and Virtual)
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2023-03-20 20:00:00
2023-03-20 20:00:00
The Future of Digital Banking Conference
In collaboration with our IFC colleagues, we are offering The Future of Digital Banking Conference. We will discuss digitalization’s role in the financial sector in promoting financial inclusion and sustainability.
The draft agenda is enclosed above.
Additionally, Members of The SME Finance Forum's are eligible to participate in the immersion program. This program, includes a visit to DBS - Digital Transformation Journey and a visit to Tyme Bank (a leading digital bank originated from South Africa with operations in the Philippines). We have a limited number of spots available and therefore each interested member institution should nominate one representative to attend. We will share more information on registration soon. More information here.
If you have any additional questions, please contact us at smefinanceforum@ifc.org
HYBRID EVENT (On site Singapore and Virtual)
SME FINANCE FORUM
ronyg@panapps.co
America/New_York
public
de marzo
15
SME FINANCE FORUM
Event
de marzo 15, 2023
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2023-03-14 20:00:00
2023-03-14 20:00:00
Apply to the SME Finance Awards 2023!
The Global SME Finance Awards 2023 recognize financial institutions and fintech companies for their outstanding achievements in delivering exceptional products and services to their SME clients. Endorsed by the GPFI, the Global SME Finance Awards provide an opportunity for institutions to showcase and share their good practices and knowledge and to learn from them!
This year’s award categories are Product Innovation of the Year, SME Financier of the Year, Best Financier for Women Entrepreneurs and Sustainable Bond of the Year, and each institution can submit entries in up to three categories.
Awards will be given in the SME Financier of the Year and the Product Innovation of the Year categories for entries that present work and innovations focused on any of the World Bank’s designated IDA countries and/or fragile and conflict-affected situations (FCS).
Winners of the 6th annual Global SME Finance Awards will be announced at the 2023 Global SME Finance Forum Annual Meeting on September 12-14 in Mumbai, India.
GET INSIDER's TIPS from one of the Awards Judge on how to prepare the best entry!
Don’t delay in getting your entries in as the deadline for submissions is May 31st! There will be no extensions to the deadline. Please visit our awards website for more information.
SME FINANCE FORUM
ronyg@panapps.co
America/New_York
public