There are many more than 2.5 million little and medium-sized enterprises (SMEs) in Southern Africa , nevertheless accessing capital continues to be nevertheless an important challenge for a lot of business owners.
To fight this, the nation now has an evergrowing lending this is certainly alternative that is focused on delivering capital because of this market, states Dominique Collett, mind of AlphaCode.
вЂњWeвЂ™re interested in helping fintechs which are doing items that the banking institutions arenвЂ™t doing well,вЂќ Collett said.
вЂњSME lending is an enormous space and a international issue. As SMEs will be the lifeblood of every economy, it is essential why these brand new funding players succeed and meet with the requirements of the market.вЂќ