ANEXT Bank unveils programme to improve embedded finance for SMEs

The programme is open to all e-commerce marketplaces, fintechs, amongst others.

Singapore’s ANEXT Bank is launching the ANEXT Programme for Industry Specialists with the aim of improving and scaling embedded finance for small and medium enterprises or SMEs.

The programme is open to all e-commerce marketplaces, fintech companies, and digital solutions providers who wish to participate. ANEXT Bank said that it plans to collaborate with these industry specialists to expand the breadth of service offerings for SMEs on their platforms to include digital financial services offered by ANEXT Bank.

This will allow SMEs to have a one-stop access to a more comprehensive suite of services, and to gain a consolidated view on their business such as wallet balance, loan amount and repayment status,the bank said.

ALSO READ: ANEXT Bank’s Toh Su Mei on how to stay ahead of SMEs needs

FinTech company IN Financial Technologies and Business Process Management provider Bizmann System (Bizmann) are amongst the first to take part in the programme. The two partners combined serve close to 15,000 SMEs.

ANEXT Bank has also given a preview of the ANEXT Business Loan alongside the programme’s announcement.

The business loan offers two repayment options – “pay-per-use” and “pay monthly” – available at competitive rates. SMEs can avail of the loan starting at S$5,000.

A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia