AFFIN Group’s Post

At the Arab Fintech Forum, the numbers speak for themselves. An international gathering of innovators, experts, entrepreneurs, and enthusiasts, all with one mission: elevating financial innovation in MENA. Stay tuned for more details about the next edition of the Arab Fintech Forum. #ArabFintechForum #ArabFTF #FintechRevolution #Doha #Qatar

FinTech Wales We completely agree with Shabnam Wazed - Founders should choose Wales as the place to scale their FinTech! Find out more about FinTech in Wales - https://lnkd.in/dGUv75uW #FinTech #FinTechWales #Wales #WalesInvested

Entrepreneurial dreams are born in the heart, but they thrive on the power of financial support. At GAME, we recognize that access to formal, low-cost finance is the lifeblood of any business, especially for MSMEs. That's why 'Access to Finance' is a cornerstone in our strategy to catalyze mass entrepreneurship across India. As a backbone organization, we're doubling down on our efforts to bridge the financial gap by advocating for policy changes that enable increased lending via NBFCs. By fostering co-lending partnerships between banks and NBFCs and innovative financial platforms, we aim to improve the viability and growth of MSMEs – offering them the financial empowerment they need to soar. Our vision is clear – to transform the lending landscape for MSMEs and make formal, affordable credit a reality to help mass entrepreneurship thrive in the country. Join us in this financial revolution, where every entrepreneur has the key to unlock their business potential. Together, we can create a future where access to finance isn't just a possibility, it's a promise. Discover more about how GAME is leading the charge in unlocking financial opportunities for MSMEs. https://lnkd.in/dYqgwFj Ravi Venkatesan | Madan Padaki | Mekin Maheshwari | Ketul Acharya | IKEA Foundation #GAMEChangingImpact #EmpowerWithFinance #FinancialInclusion #AccessToFinance #CreditForAll #GAMEfinance #EntrepreneurialSpirit #MSMEPower #FinanceForGrowth #UnlockPotential #FundingDreams #RuralRise #InclusiveGrowth #CreditRevolution #FinanceTheFuture #EconomicEmpowerment #EntrepreneursUnleashed #BridgingGaps #EmpowerMSMEs

The story of Jumia Group can not be completed without mentioning Tunde Kehinde and his partner, Raphael Afaedor. They are key reasons why Jumia trades in NYSE today and their story should be told to inspire a new generation of African entrepreneurs. Today, meet Tunde Kehinde, co-founder of Lidya, a branchless internet bank easing small business credit gap. Founded in 2016, Lidya has grown to have teams in Portugal and the US and they are the leading digital financier of SMEs in Nigeria. Tunde has previously co-founded the logistics startup, ACE - Africa Courier Express. A company addressing the infrastructural challenges preventing companies from connecting with their customers. Tunde and his team have digitized and and have disbursed over $100m in credit across over 32,500 loans to customers, with 1% default rates. However, as they continued to scale, they realized that no matter how aggressive they were in giving credit to customers, the demand for credit (Over $300bn credit gap in Nigeria alone) could not be satisfied by one lender. With this in mind, they opened their credit infrastructure to allow any business seeking to give credit to; 1. acquire customers 2. originate loans 3. collect digital credit This shows that Tunde and his team fully understand the problems in digital lending and they are using their expertise to help credit providers resolve blocks and achieve revenue growth. Furthermore, Lidya has shifted its focus from a lender to a credit enabler, providing financial institutions with the technological infrastructure to originate, manage, and collect loans. This has helped lenders to deploy a wide variety of loans faster, with a higher repayment rate and, importantly, great after-sales service. Tunde and his team are working toward their goal, which is to build a future where every African has access to fair and fast funding. To learn more about Tunde and his company, click the links in the comment. Follow Lastiana for more content on Africa. #kenya #africa #todayafrica #africanstories #africanentrepreneur #storytelling

When Sundip Patel started his entrepreneurial journey in finance, it didn’t matter that he didn’t know the industry – his purpose to help others, and especially the minority community, was drive enough. Flash forward more than 20 years and as co-founder and CEO of AVANA Companies, with headquarters both in the US and Bahrain and US$1 billion under assets – Sundip proves purpose can be profitable. “In founding AVANA Companies, an ecosystem of companies focused on private credit to SMEs, fintech lending asset management for credit unions and banks, I made it our mission to deploy capital for a better tomorrow,” Sundip tells Business Chief. “I wanted to help the small business owners that don’t come from wealth or have insider knowledge of their industry to be afforded the same opportunities as I was afforded when I started my journey.” Now, Sundip and his team are turning their focus to the Middle East, as they look to help grow the small business community and economy in Saudi Arabia and the wider region. #menaregion #fintech #leadership #entrepreneur #socialimpact