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Fintech innovation can lead SMEs out of the imminent financial crisis

Cash flow has always been a big challenge for small businesses, but right now it has reached critical mass. The economic impact of the ongoing pandemic has devastated millions of SMEs – and while government help is being established in many countries, it won’t come fast enough to save every firm.

We’ve never seen circumstances like this before, so we can’t assume that existing funding options can solve the problem. To support SMEs through the coronavirus crisis, we need to consider innovative new routes to providing business capital, which are being developed by the fintech industry.

Coronavirus has put an existing issue under the microscope

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