MSME | Jotup

Pepper Advantage Acquires Indian AI-driven Credit Management Platform Rieom.ai

Retrieved on:

Wednesday, May 17, 2023

Finance, Professional Services, Technology, Artificial Intelligence, Software, Insurance, Reserve Bank of India, API, MSME, ID, Acquisition, Reserve Bank, Growth, AI, Fraud, Annual report, Bank, Retail

Pepper Advantage, a global credit intelligence company, has acquired Rieom.ai, a specialist AI-driven credit management software platform based in Pune, India.

Key Points:

Pepper Advantage, a global credit intelligence company, has acquired Rieom.ai, a specialist AI-driven credit management software platform based in Pune, India.
Algorithm driven, it can be integrated directly into the loan originator’s credit management systems via API, providing a scalable, holistic, contextual and relationship-driven platform to evaluate loan application and portfolio risk analysis.
The acquisition of Rieom.ai also brings significant product development opportunities as its technology is integrated into Pepper Advantage’s credit technology platform, which offers propriety data and analytics capabilities that can replace legacy credit management processes with an end-to-end solution accessible via API.
"The acquisition of Rieom.ai rapidly expands Pepper Advantage’s addressable market in India and represents an AI-driven credit management model we will soon be bringing to additional high-growth countries.

Governor Ganjar Pranowo releases Indonesian MSME product for export, valued at IDR7billion

Retrieved on:

Tuesday, May 16, 2023

2013 Central Java gubernatorial election, IDR, Food, CV, MSME, USD, Government, Republic, Local government, Banyumas Regency, MSME-Champions, Ratna, Publishers' Licensing Services, Ganjar, News, Coffee, Rail freight transport

4 containers of MSME product were released in Purwokerto, Central Java Province, while 3 containers were dispatched from Purbalingga and Pati.

Key Points:

4 containers of MSME product were released in Purwokerto, Central Java Province, while 3 containers were dispatched from Purbalingga and Pati.
The 7 containers of export products included essential oils, organic coconut sugar, processed foods, brooms, organic palm sugar, and handicrafts.
Central Java Governor Ganjar Pranowo released seven containers of local MSME product for export to Asia, the Middle East and America.
Following the export release, Governor Ganjar Pranowo stated that the support provided by the local government and MSME activists had yielded results.

Tide Launches UK-India Exchange Programme to Boost Global Exports & Entrepreneurship

Retrieved on:

Wednesday, April 26, 2023

Dr. Oliver Prill, CEO, Tide said, "Through the MSME Exchange Programme, Tide is taking a huge step in championing small businesses and fostering bonds between small business owners in the UK and India.

Key Points:

Dr. Oliver Prill, CEO, Tide said, "Through the MSME Exchange Programme, Tide is taking a huge step in championing small businesses and fostering bonds between small business owners in the UK and India.
I congratulate Tide on adding to the India-UK success story.”
Gurjodhpal Singh, CEO, Tide India, said, “MSMEs are the backbone of India’s economic aspirations.
Tide India is eager to act as an active enabler of small businesses, and unlock the true potential of MSMEs.
We look forward to supporting those small businesses who will take part in what is a significant initiative by Tide.”

Beyond Payments: Mastercard Launches New Suite of Solutions Dedicated to Women Entrepreneurs

Retrieved on:

Tuesday, April 11, 2023

Mastercard is leaning heavily into its insights to support women entrepreneurs with products and solutions that address owner’s daily challenges.

Key Points:

Mastercard is leaning heavily into its insights to support women entrepreneurs with products and solutions that address owner’s daily challenges.
In fact, additional research indicates that there are several more unresolved needs faced by women entrepreneurs in the region.
Based on this study, Mastercard developed a new value proposition that not only benefits women entrepreneurs, but also improves the responsiveness of card-issuing banks.
"With the launch of these dedicated solutions, women entrepreneurs in the Latin America and Caribbean region now have access to services and benefits specifically tailored to meet their needs.

India Embedded Finance Business and Investment Opportunities Databook 2023: B2B Embedded Lending Firms are Experiencing Strong Growth in Loan Disbursal - ResearchAndMarkets.com

Retrieved on:

Thursday, April 6, 2023

The "India Embedded Finance Business and Investment Opportunities Databook - 50+ KPIs on Embedded Lending, Insurance, Payment, and Wealth Segments - Q1 2023 Update" report has been added to ResearchAndMarkets.com's offering.

Key Points:

The "India Embedded Finance Business and Investment Opportunities Databook - 50+ KPIs on Embedded Lending, Insurance, Payment, and Wealth Segments - Q1 2023 Update" report has been added to ResearchAndMarkets.com's offering.
The embedded finance industry is expected to grow steadily over the forecast period, recording a CAGR of 36.3% during 2023-2029.
In India, embedded finance has created new growth avenues for new-age digital business and traditional financial service providers.
B2B embedded lending firms are experiencing strong growth in loan disbursal in India.

India Embedded Finance Business and Investment Opportunities Databook - 50+ KPIs on Embedded Lending, Insurance, Payment, and Wealth Segments - Q1 2023 Update

Retrieved on:

Tuesday, April 11, 2023

DUBLIN, April 11, 2023 /PRNewswire/ -- The "India Embedded Finance Business and Investment Opportunities Databook - 50+ KPIs on Embedded Lending, Insurance, Payment, and Wealth Segments - Q1 2023 Update" report has been added to ResearchAndMarkets.com's offering.

Key Points:

DUBLIN, April 11, 2023 /PRNewswire/ -- The "India Embedded Finance Business and Investment Opportunities Databook - 50+ KPIs on Embedded Lending, Insurance, Payment, and Wealth Segments - Q1 2023 Update" report has been added to ResearchAndMarkets.com's offering.
In India, embedded finance has created new growth avenues for new-age digital business and traditional financial service providers.
The embedded finance revenues in the country will increase from US$5,330.0 million in 2023 to reach US$23,451.6 million by 2029.
This report provides a detailed data centric analysis of market opportunity across 50+ segments in embedded finance industry covering lending, insurance, payment, wealth and asset based finance sectors.

World Trade Board launches plan to empower SMEs through trade and finance

Retrieved on:

Monday, March 27, 2023

LONDON, March 27, 2023 /PRNewswire/ -- The World Trade Board has today opened consultation on a major new framework to increase access to trade finance for MSMEs. Developed with contributions from major industry bodies and international stakeholders, the Financial Inclusion in Trade Roadmap identifies five key areas where coordinated action can make a significant impact. Crucially, the Roadmap aims to accelerate the pace of change by providing a holistic framework for public and private sector collaboration.

Key Points:

LONDON, March 27, 2023 /PRNewswire/ -- The World Trade Board has today opened consultation on a major new framework to increase access to trade finance for MSMEs.
MSMEs make up around 90% of businesses globally, but accounted for just 23% of applications for trade finance in 2020.
Michael Vrontamitis, Deputy Chair of the World Trade Board, said: "Difficulty accessing finance means MSMEs are greatly under-represented in global trade.
The Financial Inclusion in Trade Roadmap can be found at the World Trade Symposium website and feedback should be sent to [email protected] .

World Trade Board launches plan to empower SMEs through trade and finance

Retrieved on:

Monday, March 27, 2023

LONDON, March 27, 2023 /PRNewswire/ -- The World Trade Board has today opened consultation on a major new framework to increase access to trade finance for MSMEs. Developed with contributions from major industry bodies and international stakeholders, the Financial Inclusion in Trade Roadmap identifies five key areas where coordinated action can make a significant impact. Crucially, the Roadmap aims to accelerate the pace of change by providing a holistic framework for public and private sector collaboration.

Key Points:

LONDON, March 27, 2023 /PRNewswire/ -- The World Trade Board has today opened consultation on a major new framework to increase access to trade finance for MSMEs.
MSMEs make up around 90% of businesses globally, but accounted for just 23% of applications for trade finance in 2020.
Michael Vrontamitis, Deputy Chair of the World Trade Board, said: "Difficulty accessing finance means MSMEs are greatly under-represented in global trade.
The Financial Inclusion in Trade Roadmap can be found at the World Trade Symposium website and feedback should be sent to [email protected] .

PINTEC Announces US$4 million Private Placement of Class A Ordinary Shares

Retrieved on:

Friday, March 17, 2023

MSME, Regulation D, Sale, Security (finance), Annual report, Regulation, Cryptocurrency, PRC

Under the share purchase agreements, the Company agrees to sell and issue an aggregate of 254,450,000 Class A ordinary shares of the Company for a total purchase price of US$4,000,000.

Key Points:

Under the share purchase agreements, the Company agrees to sell and issue an aggregate of 254,450,000 Class A ordinary shares of the Company for a total purchase price of US$4,000,000.
Each ADS currently represents 35 of the Company's Class A ordinary shares.
Looking forward, we will continue to execute our strategic plans and strive to create long-term value for our investors."
Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the U.S. Securities and Exchange Commission.

BRI Receives 2 International Awards from The Asset Triple A for Successful ESG Implementations

Retrieved on:

Monday, February 27, 2023

Sustainable finance, SME, ESG, IDX, IDR, MSME, BBRI, SLL, Asset, State Street Bank and Trust Company, Yoy, Multimedia, TBK, MPEG transport stream, Security (finance), Bank, BRI

Most recently, BRI has received two prestigious awards as 'The Best Issuer for Sustainable Finance' and 'Best Sustainability Linked Loan' from The Asset Triple A, an Asia-based research and business news publisher in the financial industry.

Key Points:

Most recently, BRI has received two prestigious awards as 'The Best Issuer for Sustainable Finance' and 'Best Sustainability Linked Loan' from The Asset Triple A, an Asia-based research and business news publisher in the financial industry.
Ahmad Solichin Lufiyanto, BRI's Director of Compliance, has dedicated the awards to all Insan BRILiaN (BRI employees) who have always given their best in empowering SMEs.
We take pride in this recognition as it serves as a global validation of our sustainable financial practices."
"The SLL helps BRI to measure the overall performance of ESG implementations.