Can fintechs really fill the trade finance ‘gap’? Or will it always be a 'duct tape' solution?
A fishbowl discussion at GTR Asia saw an animated debate between ‘frenemies’ - an international banker and three fintech representatives - on how to tackle the persistent $1.5 trillion trade finance gap
The global trade finance gap – the total amount attributed to rejected trade finance applications and estimated to be worth in the vicinity of $1.5 trillion – has shown no signs of easing in the past two years.
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