London, 20 July 2016 – Today’s supply chain finance means companies must extend beyond the first tier of suppliers and distributors to those whose overall financial status may not be visible. Providing financial support to these small and midsize enterprises requires new risk-assessment levels and new evaluation models that not all financial institutions have or are willing to adopt. This creates an opportunity for fintech companies that have a more entrepreneurial approach, fewer regulatory burdens, and the risk appetite to gain share in a potentially lucrative market.
Based on Aite Group questionnaires and interviews of selected fintech firms, this report identifies the major trends that are shaping SCF strategies and covers 14 European fintech firms lesser-known in the SCF space with emerging SCF strategies: Asyx, Aztec, Catalyst Finance, Corporate Linx, Demica, ezbob, iwoca, Legion Trade Finance, Licuos, Lighthouse BCS, Platform Black, Spotcap, TradeRiver Finance, and Working Capital Partners. To analyze the market and identify the fintech companies in the SME finance space, Aite Group relied on its research library and on secondary research.
This 45-page Impact Report contains two figures and three tables. Clients of Aite Group’s Wholesale Banking & Payments service can download this report.