Small Medium Enterprises (SME) Banking – Thematic Intelligence
All the vital news, analysis, and commentary curated by our industry experts.
SME Banking Theme Analysis Report Overview
Many new digital banks capitalized on the pandemic to dramatically increase small- and medium-sized enterprise (SME) lending and account penetration. SMEs typically have complex, variable, and evolving needs, which are difficult to meet by a single provider all the time. Additionally, e-commerce platforms and accounting software providers offer extensive SME support to enable open ecosystems.
The SME Banking thematic intelligence report provides a briefing on the theme with a detailed analysis of market opportunity, and factors driving its development and adoption. The report also presents key technology, macroeconomic, and regulatory trends impacting the theme.
SME Banking - Key Trends
The main trends shaping the SME banking theme over the next 12 to 24 months are classified into three categories: technology trends, macroeconomic trends, and regulatory trends.
- Technology trends: The key technology trends impacting the theme are lending automation, increased volume and variety of data types, machine learning algorithms, real-time data enabling lending innovation, dashboard views and helpful cashflow features, business support functions, control of ecosystem, embedded finance, ongoing fraud and cyber risk, and big tech lenders.
- Macroeconomic trends: The key macroeconomic trends explained in the report are the impact of the pandemic on SMEs, an increase in the number of SMEs due to the pandemic, global unbanked as an SME opportunity, and SME wellbeing.
- Regulatory trends: Regulatory inducements, payments firms and lending firms, data privacy, transparent lending decisions, open banking, buy now pay later (BNPL), and International Financial Reporting Standards (IFRS) are a part of the regulatory trends impacting the SME banking industry.
For more insights on key trends impacting the SME banking industry, download a free report sample
SME Banking - Industry Analysis
Most small business owners who stated they were self-employed or started their own businesses in the last two years use their personal accounts as their primary business accounts. Undoubtedly, this is partly because incumbent banks have not historically built out enough dedicated features to warrant opening separate accounts, and for many SME owners their personal and business lives are closely interrelated. However, digital banks are slowly gaining market share as they are either primarily focused on SMEs or significantly focused on SMEs, from launch and/or soon after.
The SME banking industry analysis also covers:
- Mergers and acquisitions
SME Banking - Value Chain Analysis
The SME banking value chain consists of four segments: idea, launch, grow, and ongoing management.
Idea: The idea phase covers the early stages of thinking about starting a business, and what that business might be. Reaching consumers at this early stage presents the maximum opportunity to form a long and lasting relationship with that business, by offering them tips, advice, and guidance on how to avoid common pitfalls for startups and think through what starting a business will entail.
SME Banking Value Chain Analysis
For more insights into the SME banking value chain, download a free report sample
Leading SME Digital Banks
Some of the leading digital banks associated with the SME banking theme:
Leading Incumbent Banks
Some of the leading incumbent banks associated with the SME banking theme:
To know more about the leading digital banks and incumbent banks, download a free report sample
Retail Banking Sector Scorecard
At GlobalData, we use a scorecard approach to predict tomorrow’s leading companies within each sector. Our sector scorecard has two screens: a thematic screen and a valuation screen.
- The thematic screen ranks companies based on overall leadership in the 10 themes that matter most to their industry, generating a leading indicator of future performance.
- The valuation screen ranks our universe of companies within a sector based on selected valuation metrics.
Retail Banking Sector Scorecard – Thematic Screen
To know more about the sector scorecards, download a free report sample
SME Banking Market Overview
|Technology Trends, Macroeconomic Trends, and Regulatory Trends
|Idea, Launch, Grow, and Ongoing Management
|Leading SME Digital Banks
|11Onze, Allica, and Aspire
|Leading Incumbent Banks
|Barclays, BBVA, and DBS
Reasons to Buy
- Understand key technology, macroeconomic, and regulatory trends impacting SME banking.
- Identity priority application areas for SMEs in the banking space, as well as the vendors and banks delivering these experiences to end users.
- Access case study insight on the leading players within the SME banking theme.
Table of Contents
• Technology trends
• Macroeconomic trends
• Regulatory trends
• Mergers and acquisitions
• Ongoing management
• SME digital banks
• Incumbent banks
• Retail banking sector scorecard
Our Thematic Research Methodology
Frequently asked questions
What are the key technology trends shaping the SME banking industry?
The key technology trends impacting the SME banking theme are lending automation, increased volume and variety of data types, machine learning algorithms, real-time data enabling lending innovation, dashboard views and helpful cashflow features, business support functions, control of ecosystem, embedded finance, ongoing fraud and cyber risk, and big tech lenders.
What are the key macroeconomic trends shaping the SME banking industry?
The key macroeconomic trends impacting the SME banking theme are the impact of the pandemic on SMEs, an increase in the number of SMEs due to the pandemic, global unbanked as an SME opportunity, and SME wellbeing.
What are the key regulatory trends shaping the SME banking industry?
Regulatory inducements, payments firms and lending firms, data privacy, transparent lending decisions, open banking, buy now pay later (BNPL), and International Financial Reporting Standards (IFRS) are a part of the regulatory trends impacting the SME banking industry.
What are the components of the SME banking value chain?
The SME banking value chain consists of four segments which are idea, launch, grow, and ongoing management.
Which are the leading SME digital banks associated with the SME banking theme?
Some of the leading SME digital banks associated with the SME banking theme are 11Onze, Allica, and Aspire.
Which are the leading incumbent banks associated with the SME banking theme?
Some of the leading incumbent banks associated with the SME banking theme are Barclays, BBVA, and DBS.
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