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.

Levels of exclusion vary by region - 50% of ASEAN SMEs are underserved. They can even by impacted by demographics - 70% of women-owned SMEs have insufficient or no access to financial services.

Exclusion is not deliberate. Rather, the financing gap has arisen because of various challenges, including inadequate financial infrastructure, limited distribution channels, cash-flow visibility issues, and regulatory constraints.