3min chapter

Searching for Mana with Lloyd Wahed cover image

Why I love recessions and what the military taught me, Arik Shtilman, Co-founder Rapyd

Searching for Mana with Lloyd Wahed

CHAPTER

What Are the Trends in SME Growth?

I think that we're starting to see very slowly, we see a trend of SMEs less trying to expand into additional countries and markets. And more focusing and double-dounding on their local territories just because the growth costs money and they want to spend less. So it's not that they don't know what to do business, but they're saying, listen, if I wanted to unlock two more countries in 2022 in order to increase my revenue, I don't think it is worth my while burning the cash or then taking a loan  to invest. It would be better for them to stick to the existing market. If the interest rate will continue to grow up in the same pace

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