ARTICLE

Can APIs help FIs close the SME finance gap?

21 April 2024

In our latest report, Mambu and Google Cloud explore the role of APIs in helping FIs solve inclusivity issues and better attract and service SMEs.

In both emerging and mature markets, small and medium-sized enterprises (SMEs) are the economic lifeblood, powering innovation, GDP growth, and job creation.

Yet despite their significant contributions, large segments remain unable to access the necessary financial services they need to thrive.

“Today, 40% of global SMEs are not having their financial needs met.”