It’s a fact that finance is one of the primary instruments that bolster the growth of different industries. The long-standing monopoly by banks and other financial institutions have been going on for many years on end. That informs the reason why the massive increase in the interest rates that come with loans is increasingly enchanting Micro, Small, and Medium Enterprises MSMEs
Nevertheless, there is a solution to all those hassles encountered by startups in emerging markets. The Pngme platform has varieties of features that are targeted at trigger innovative financial inclusion for MSMEs and other companies in the emerging markets
The Mobile Finance Platform
The mobility of financial architecture is at the core of the functionalities of the platform. The globalization of the platform comes with many features, such as credit scores, piggy bank, and marketplace lending
Many other features make Pngme the perfect platform for enterprises that look good to profit in the future. Highlighted below are the varieties of features you can expect on the platform.
Loan Marketplace
Micro, Small, and Medium Enterprises MSMEs, otherwise called “startups” are up against the established brands that have been in dominance for long. So, to make a statement and stand out of the crowd, these startups need to have the considerable financial backing to measure up with the standards. Sourcing loans could have been one of the best options, but the processes and the high-interest rates from banks become the cog in the wheel.
Therefore, the marketplace lending feature on Pngme opens up the opportunities for low-interest rates for loans, which are also processed in real-time.
Automated Credit Scoring
Credit scores depict the feasibility of a company to get access to financial instruments. Pngme makes it possible for startups and indeed, other participants to take advantage of the automated credit scoring model that is facilitated by its built-in algorithm.
Piggy Bank
Saving some funds for a rainy day might not be a bad idea. But, it could have been better to get some yields in the course of doing so. The mobile banking offer from Pngme allows users to set up a piggy bank account, set some funds aside on it, and to earn interests for the same. That’s an excellent way to save money.
Cross-Border Remission
It’s no news that businesses find it challenging to move money from one end to the other. The conventional cross-border remittance platforms are both slow and charge huge fees.
Instead, the mobile finance platform from Pngme enables the users to make both low and fee-less payments using the Fintech -powered MSME banking. More so, transactions in that regard are facilitated using either of the users' local currency or specific digital/cryptocurrencies.
The Pngcoin
The Pngcoin doubles as the native currency of the Pngme platform, and the primary financial instrument. It also comes into play when sending incentives to users that referred others to try the services offered by Pngme .
Conclusion
It’s indeed the best times for the global Micro, Small, and Medium Enterprises MSMEs as the Pngme platform unfolds its suites of services. There’s no doubt that when adopted, Pngme would be one of the platforms that would boost the fortunes of the global emerging markets .
USEFUL LINKS
Website: https://pngme.com/
Whitepaper: https://docsend.com/view/x4ts5tm
Telegram: https://t.me/pngmecommunity
Twitter: https://twitter.com/pngmemobile
Facebook profile: https://www.facebook.com/pngme
AUTHOR'S DETAILS
Bitcointalk Username: Ebubuemma
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