Fintech helping to drive access to finance for Philippines’ MSMEs
Embedded credit risk decisioning technology will give greater access for MSMEs to make loan applications, and could drive financial inclusion amid the government’s push for digitisation.
Earlier this month, Singapore-headquartered fintech Bizbaz, which is backed by HSBC, announced a strategic partnership with Rizal Commercial Banking Corporation (RCBC) in the Philippines to help drive access to credit for local micro, small and medium-sized enterprises (MSMEs).
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