Lokesh M’s Post

🔎 In the UK, SMEs contribute nearly two-thirds of employment and £2.4 trillion in turnover. Yet, 49% find it harder to secure funding now than three years ago, with 28% facing rejection since November 2023. 💡 Lekshmi Nair from Finastra highlights the challenges SMEs face, including rising costs and regulatory burdens. Traditional banks struggle with manual processes, but Finastra is stepping in with innovative solutions. ✔️Our solutions streamline processes, enhance efficiency, and expand access to finance, supporting SMEs and their vital role in our communities. Read more: https://okt.to/5YUzZV #SMEs #Finance #Innovation #FinancialInclusion #Finastra

🔎 In the UK, SMEs contribute nearly two-thirds of employment and £2.4 trillion in turnover. Yet, 49% find it harder to secure funding now than three years ago, with 28% facing rejection since November 2023. 💡 Lekshmi Nair from Finastra highlights the challenges SMEs face, including rising costs and regulatory burdens. Traditional banks struggle with manual processes, but Finastra is stepping in with innovative solutions. ✔️Our solutions streamline processes, enhance efficiency, and expand access to finance, supporting SMEs and their vital role in our communities Read more: https://okt.to/HPA8Q5 #SMEs #Finance #Innovation #FinancialInclusion #Finastra #lending #Fintech

🔎 In the UK, SMEs play a crucial role, contributing nearly two-thirds of employment and an impressive £2.4 trillion in turnover. However, many are facing significant hurdles, with nearly half finding it harder to secure funding recently. ✔️ Lekshmi Nair from Finastra discusses how traditional banks are struggling with outdated processes, while Finastra is providing innovative solutions to enhance efficiency and support SMEs. Read more about this essential issue here: https://okt.to/MEIgRX #SMEs #Finance #Innovation #FinancialInclusion #Finastra

🔎 In the UK, SMEs play a crucial role, contributing nearly two-thirds of employment and an impressive £2.4 trillion in turnover. However, many are facing significant hurdles, with nearly half finding it harder to secure funding recently. ✔️ Lekshmi Nair from Finastra discusses how traditional banks are struggling with outdated processes, while Finastra is providing innovative solutions to enhance efficiency and support SMEs. Read more about this essential issue here: https://okt.to/I7Ti4g #SMEs #Finance #Innovation #FinancialInclusion #Finastra

🔎 In the UK, SMEs play a crucial role, contributing nearly two-thirds of employment and an impressive £2.4 trillion in turnover. However, many are facing significant hurdles, with nearly half finding it harder to secure funding recently. ✔️ Lekshmi Nair from Finastra discusses how traditional banks are struggling with outdated processes, while Finastra is providing innovative solutions to enhance efficiency and support SMEs. Read more about this essential issue here: https://okt.to/20h6Jp #SMEs #Finance #Innovation #FinancialInclusion #Finastra

🔎 In the UK, SMEs play a crucial role, contributing nearly two-thirds of employment and an impressive £2.4 trillion in turnover. However, many are facing significant hurdles, with nearly half finding it harder to secure funding recently. ✔️ Lekshmi Nair from Finastra discusses how traditional banks are struggling with outdated processes, while Finastra is providing innovative solutions to enhance efficiency and support SMEs. Read more about this essential issue here: https://okt.to/7uSfAG #SMEs #Finance #Innovation #FinancialInclusion #Finastra

💡 SMEs are the backbone of our economy, yet many face significant hurdles in securing the funding they need. Lekshmi Nair from Finastra sheds light on the challenges and our innovative solutions to support these essential businesses. Let's prioritize their growth! 👇 https://okt.to/LPqhUn #SMEs #Finance #Innovation #FinancialInclusion #Finastra #paymentsolutions #paymentinnovation

💡 SMEs are the backbone of our economy, yet many face significant hurdles in securing the funding they need. Lekshmi Nair from Finastra sheds light on the challenges and our innovative solutions to support these essential businesses. Let's prioritize their growth! 👇 https://okt.to/G17PTh #SMEs #Finance #Innovation #FinancialInclusion #Finastra

SMEs play a crucial role in our economy, but they often encounter major obstacles in obtaining necessary funding. Lekshmi Nair from Finastra highlights these challenges and outlines our innovative approaches to assist these vital businesses. It’s time to focus on their development! 👇 https://okt.to/ktnpx4 #FinancialInclusion #SMEs #Finastra #Finance #Innovation

It's often said that SMEs are the backbone of the economy. But it's also no secret that accessing financing remains a major hurdle. So, how can banks address this gap while ensuring profitability? In our latest article, we spoke to Lekshmi Nair, Chief Revenue Officer at Finastra, about how certain new technologies - automation, APIs, and open finance - could be the key to unlocking financial inclusion for SMEs. 🌍 Discover how the landscape is shifting and get her thoughts on the upcoming Sibos event in Beijing, China and what this means for Finastra and indeed financial services in the region. https://lnkd.in/eCy2mf6W #SMEfinance #OpenFinance #FinancialInclusion