Fintech sees multiple opportunities for SMEs

FIRST Circle Growth Finance Corp., a Philippine-based financial technology firm that provides short-term trade credit to small businesses through its digital platform, continues to see opportunities for small and medium-sized enterprises (SMEs) as its operations in the country grow.

“When I got to the Philippines, I was blown away by the scale of the opportunity here. [And I thought] why not look at where that growth comes from? It is really driven by SMEs,” First Circle CEO Patrick Lynch told The Manila Times in an interview.