You are here

BT EXCLUSIVE

Grab eyes the unsung SMEs behind Fortune 500 heavyweights

The unicorn revs up its data engine to close finance gap for smaller Asean distributors of retail giants

BT_20191125_JLGRAB25_3958949.jpg
Mr Lai (left) notes that banks are still looking to give SMEs a loan facility for a minimum of two years, when they just want working capital to tide over two weeks. Mr Mehrotra is betting that Grab's approach of monitoring the merchants' cashflow using data can give them a fighting chance.

Singapore

GRAB is targeting the underserved segment in the middle-income economy of this region - the small and medium-sized enterprises (SMEs) that are the forgotten links in a supply chain that trace back to a Fortune 500 giant, top Grab executives told The Business Times.

The...

sentifi.com

Market voices on: