The rise of Super Apps in SME Banking: Creating a one-stop shop for SMEs
Many traditional banks have lost ground to agile fintechs that offer clients digital solutions tailored to their specific needs. But in the SME market, the size, stability, and compliance strengths of incumbents can give them an edge that fintechs can’t match.
Big banks can embed trusted financial services into SuperApps that give SMEs faster loans, smoother experiences, and seamless access to a selection of integrated business tools. Such offerings will help SMEs overcome funding delays, missed growth opportunities, and the strain of juggling multiple online platforms.
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