Fintech Insider Podcast by 11:FS

876. Insights: Can fintech plug the SME funding gap?

Jul 11, 2024

Host Kate Moody discusses SME funding gap with Valentina from OakNorth, Christoph from iwoca, and Brian from Allica Bank. They delve into challenges faced by SMEs, opportunities for fintechs, regulatory impact, and alternative lenders' role in reshaping the lending landscape.

49:15

Episode guests

Kate Moody

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Podcast summary created with Snipd AI

Quick takeaways

Fintechs seizing the opportunity to disrupt big banks by offering tailored financial solutions to SMEs.

Alternative lenders stepping in to fill the gap left by big banks in providing SMEs with access to capital.

Brokers play a crucial role in bridging the gap between SMEs and alternative lenders, guiding businesses to suitable financing options.

Regulatory changes pose challenges for alternative lenders competing with big banks, impacting SMEs' credit accessibility.

Deep dives

Opportunity for Fintechs and Alternative Lenders

Big banks' reduced funding creates an opportunity for fintechs and alternative lenders in the UK and beyond. Fintechs are seizing this chance by offering solutions and gaining market leadership, disrupting traditional banks.

Global Issues in SME Banking

01:06

Competing in the SME Market

01:23

Intro

2min

Discussion on SME funding by iWokker and Alakabank

3min

Financing Options for Small and Medium-sized Enterprises (SMEs)

17min

Analyzing the Impact of Regulatory Changes on SME Funding

4min

Exploring the Role of Alternative Lenders in Filling the SME Funding Gap

2min

Evolution and Challenges in SME Lending Landscape

12min

Future Plans and Focused Growth in Fintech

6min

Wrapping up and Contact Information Sharing

2min

On this episode of Fintech Insider Insights, host Kate Moody is joined by some great guests to take a look at SMEs.

It's a tough funding landscape for SMEs in the UK and beyond right now, and the downturn in funding from big banks despite increasing demand.

But it’s not all doom and gloom, the big banks’ hesitancy is creating an ideal opportunity space for fintechs, neobanks and alternative lenders to play in and become market leaders, further disrupting the banks, and furthering their growth journeys.

We're joined by a fantastic panel of guests who know a thing or two about this space to dig deeper into this.

This week's guests:

Valentina Kristensen, Corporate Affairs Director at OakNorth
Christoph Rieche, CEO and co-founder of iwoca
Brian Baldacchino, Head of Lending Strategy & Corporate Development, at Allica Bank

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Fintech Insider by 11:FS is a bi-weekly podcast dedicated to all things finance, banking, technology, and financial services.

Our expert hosts, with real industry experience, are joined by the biggest decision-makers, VCs, and reporters from across financial services including guests from Visa, Nubank, M-Pesa, Starling, and JP Morgan Chase to discuss the latest news, developments, and trends within the industry.

Our weekly news show drops every Monday and tackles the biggest news stories, from acquisitions and launches, to regulatory changes and innovation. Then, every Friday our Insights show dives deeper into the hottest topics shaping the industry like web3 and BNPL.

Whether you’re already immersed in the world of financial services, or just keen to learn more, this is the #1 podcast for you.

If you enjoyed this episode, don't forget to subscribe and please leave a review

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Fintech Insider Podcast by 11:FS

876. Insights: Can fintech plug the SME funding gap?

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

Opportunity for Fintechs and Alternative Lenders

Challenges in Funding for SMEs

Role of Brokers in SME Lending

Impact of Regulatory Changes on SME Lending

Future Focus for iWokker: API Infrastructure and Embedded Finance

Alica Bank's Growth Strategy: Serving SMEs Better

Oak North's Priorities: US Expansion and Product Diversification

Global Issues in SME Banking

Competing in the SME Market

Get the Snipd
podcast app

AI-powered
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Discover
highlights

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Fintech Insider Podcast by 11:FS

876. Insights: Can fintech plug the SME funding gap?

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

Opportunity for Fintechs and Alternative Lenders

Challenges in Funding for SMEs

Role of Brokers in SME Lending

Impact of Regulatory Changes on SME Lending

Future Focus for iWokker: API Infrastructure and Embedded Finance

Alica Bank's Growth Strategy: Serving SMEs Better

Oak North's Priorities: US Expansion and Product Diversification

Global Issues in SME Banking

Competing in the SME Market

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