Ask a FinTech: How are FinTech lenders adding value to SMEs?

SMEs (small and medium-sized enterprises; those with less than 250 employees) account for 99% of all UK businesses and approximately 50% of all private sector employment and private sector turnover. Despite being such an important part of the economy and having a direct impact on so many people’s lives, they have been traditionally underserved by the financial system. 40% of SMEs cite securing funding as a major concern for their business, second only to getting new...