Sme

Planky writes

25 February 2025

How Open Banking is Transforming Credit Decisioning for SME Lending

Small and medium-sized enterprises (SMEs) play a vital role in the global economy, yet many face significant challenges when it comes to accessing credit. Traditional lending processes, often slow and reliant on outdated financial data, can leave SMEs underserved and lenders struggling to make informed decisions. This is where open banking steps in—a transformative approach that leverages real-time financial data to redefine how credit decisions are made.

11 September 2020

FriendlyScore Product Launch: SME Dashboard

FriendlyScore is delighted to announce the launch of our new SME Client Dashboard, an intuitive data interface that gives lenders a comprehensive analytical overview of their small business customers’ financials.

26 February 2020

Open Banking & SMEs: Serving the Underserved

Small and Medium Enterprises (SMEs) account for the vast majority of businesses worldwide and are a crucial driving force behind job creation and economic development. However many SMEs report being underserved, especially when it comes to accessing finance. We investigate how the FinTech sector is working to address such problems.