8min chapter

Fintech Insider Podcast by 11:FS cover image

855. News: Zopa reaches profitability, Chime get fined and Ant goes to Saudi

Fintech Insider Podcast by 11:FS

CHAPTER

The Rise of Challenger Banks in SME Lending

This chapter explores how challenger banks like Iwaka are revolutionizing SME lending by offering quick decisions and flexible terms, filling the void left by traditional banks. It highlights Iwaka's impressive loan distribution to support small businesses and compares its growth with other players in the market. The discussion dives into the challenges faced by small businesses in securing funding from traditional banks, along with the evolving landscape of SME lending with the emergence of fintech companies and community banks.

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