International Journal of Science and Research (IJSR)

International Journal of Science and Research (IJSR)
Call for Papers | Fully Refereed | Open Access | Double Blind Peer Reviewed

ISSN: 2319-7064


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Analysis Study Research Paper | Finance | Saudi Arabia | | Popularity: 6 / 10


     

The Role of Fintech in Supporting Small and Medium Enterprises (SMEs) Lending

Ghanem M. Elsayed


Abstract: This study examines the transformative role of financial technology (fintech) in addressing the financing challenges faced by small and medium enterprises (SMEs). SMEs, which are essential to economic growth and job creation, often struggle to secure funding due to stringent requirements imposed by traditional banks. Fintech innovations?such as peer - to - peer (P2P) lending, online lending marketplaces, blockchain, and AI - driven credit scoring are reshaping the SME lending landscape, offering accessible, efficient, and flexible financing solutions. By analyzing key technological advancements and case studies, this paper explores how fintech improves access to capital, supports economic growth, and promotes financial inclusion for SMEs, particularly in underserved regions.


Keywords: Fintech, SME lending, peer - to - peer lending, blockchain, AI - based credit scoring, financial inclusion, economic growth, alternative lending platforms


Edition:


Pages: 1768 - 1776


DOI: https://www.doi.org/10.21275/SR241129022204



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Ghanem M. Elsayed, "The Role of Fintech in Supporting Small and Medium Enterprises (SMEs) Lending", International Journal of Science and Research (IJSR), , pp. 1768-1776, https://www.ijsr.net/getabstract.php?paperid=SR241129022204, DOI: https://www.doi.org/10.21275/SR241129022204


Downloads: 13 | Views: 117 | Weekly Hits: ⮙3 | Monthly Hits: ⮙12

Analysis Study Research Paper | Finance | Saudi Arabia | Volume 13 Issue 12, December 2024 | Popularity: 6 / 10


     

The Role of Fintech in Supporting Small and Medium Enterprises (SMEs) Lending

Ghanem M. Elsayed


Abstract: This study examines the transformative role of financial technology (fintech) in addressing the financing challenges faced by small and medium enterprises (SMEs). SMEs, which are essential to economic growth and job creation, often struggle to secure funding due to stringent requirements imposed by traditional banks. Fintech innovations such as peer - to - peer (P2P) lending, online lending marketplaces, blockchain, and AI - driven credit scoring are reshaping the SME lending landscape, offering accessible, efficient, and flexible financing solutions. By analyzing key technological advancements and case studies, this paper explores how fintech improves access to capital, supports economic growth, and promotes financial inclusion for SMEs, particularly in underserved regions.


Keywords: Fintech, SME lending, peer - to - peer lending, blockchain, AI - based credit scoring, financial inclusion, economic growth, alternative lending platforms


Edition: Volume 13 Issue 12, December 2024


Pages: 33 - 41


DOI: https://www.doi.org/10.21275/SR241129022204



Make Sure to Disable the Pop-Up Blocker of Web Browser


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Ghanem M. Elsayed, "The Role of Fintech in Supporting Small and Medium Enterprises (SMEs) Lending", International Journal of Science and Research (IJSR), Volume 13 Issue 12, December 2024, pp. 33-41, https://www.ijsr.net/getabstract.php?paperid=SR241129022204, DOI: https://www.doi.org/10.21275/SR241129022204

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