This report examines the transformative potential of financial technology (FinTech) in improving small business finance, highlighting innovative models and the role of public institutions.
(Generated with the help of GPT-4)
Quick Facts | |
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Report location: | source |
Language: | English |
Publisher: | World Economic Forum |
Authors: | Arnaud Ventura, Daniel Drummer, Michael Koenitzer, Peer Stein, Peter Tufano |
Geographic focus: | Unknown |
Page count: | 36 |
The research method involved synthesizing efforts of industry leaders, academics, and financial experts from the Global Agenda Council on the Future of Financing & Capital to assess the finance industry's offerings and FinTech's role in funding small businesses.
(Generated with the help of GPT-4)
FinTech is revolutionizing small business finance through innovative models, offering solutions like peer-to-peer lending and invoice finance. Public institutions play a key role in fostering a supportive environment for FinTech growth, which could significantly impact global economies and job creation.
(Generated with the help of GPT-4)