Increasingly, the largest and/or fastest growing SME financiers globally did not start out as banks. Whether from tech companies, logistics firms, commodities traders or even Fast-Moving Consumer Goods distributors, competition from the real sector is gaining traction in the SME segment.
The real sector firms come into SME financing armed with substantial data resources and analytical skills. How is the traditional financial sector going to deal with this? Is it all threat, or is there also an opportunity from these new entrants?