Get the Report! The Modernization Imperative for Insurance – in partnership with Datos Insights

Insights
Whitepapers
Banking
The 4 Steps to Future-Fit SME Banking

The 4 Steps to Future-Fit SME Banking

FintechOS
29 April 2020
SME Banking
The 4 Steps to Future-Fit SME Banking

Hyper-personalised, automated financial technology. Get the latest research on the state of the SME banking industry combined with insights from SME banking leaders spearheading digital change in their organisations.

Read our whitepaper to learn more about:

  • The SME banking opportunity
  • What’s gone wrong with traditional SME banking
  • What do SMEs expect from their bank
  • The 4 steps to future-fit SME banking
  • How our technology can help banks better serve SMEs
small-office-meeting-800x800

SME banking is at a turning point. Customer demands are shifting, new digital players are targeting unmet meets, and the clever use of tech looks set to decide who’ll dominate the market of the future.

In mapping out a strategy for change, SME banking leaders should consider two challenges:

  • How can they confront the threat of nimble, digital-first challengers coming to market with offerings more tailored to SMEs’ needs?
  • And can they compete with challengers while laying the foundations for a service model that satisfies a broader need set and generates new sources of revenue?
hands-gesturing-during-meeting-800x800

Key findings

25M

SMEs in the EU, making up 99% of all companies.

850B

USD in global annual revenue generated by SMEs for banks.

80%

Of banks across Europe see the SME market as a potential growth area.

“Being able to seamlessly connect with your accounting software, update tax returns, access legal advice – this is where most banks say they want to be”

SME executive with a multinational bank

The 4 Steps to Future-Fit SME Banking

Hyper-personalised, automated financial technology. Get the latest research on the state of the SME banking industry combined with insights from SME banking leaders spearheading digital change in their organisations.