Small And Medium Enterprise Banking Of The Future Collaboration Within Their Ecosystem.
As society faces a global pandemic, entrepreneurship remains a beacon of hope for economic recovery and an essential contributor to employment in this country.
Through initiatives such as the Covid-19 lending program, developed in partnership with the South African government to facilitate much-needed corporate funding, Standard Bank seeks to inspire companies to realize their potential as a driving force in this South African economy. At the same time, they are fostering connections and enhancing collaboration within their ecosystem.
“We want to make real efforts to achieve real transformation and inclusion of SMEs in the economy and at the same time address the current business landscape. We want to be a partner who can trust companies and can commit to supporting them,” said Jenin Zacker, Head of Corporate and Direct Banking at Standard Bank.
In keeping with Standard Bank’s new business proposal entitled “African Bank in Business. Business Bank in Us,” Standard Bank worked with influential entrepreneurs and thought leaders to share stories about this rethinking approach to business banking, sharing how they have succeeded in keeping their business sustainable. . or to take it to the next level.
For the remainder of 2021, here are some solutions aimed at helping companies in the various moments that come from start-up, governance, and growth:
EnoughBlu
A digital bearing has become an effective way for companies to keep working and reach new target groups. Digital presence includes domain registration, finding ways to offer your company, e.g., through social media digitally, and the existence of e-commerce/websites to display and sell goods and services online.
Standard Bank makes it easy for business owners to use their products and services online through SimplyBlu and enables businesses to build custom eCommerce websites with point-of-sale capabilities, including working with MasterCard and Google to help customers Better visibility to offer free google ads.
MyMoBiz
“Our MyMoBiz solution focuses on simple and affordable banking payments for small business transactions starting from R5 per month,” said Zachar. “It meets the unique needs from small businesses to receive payments from their customers, pay their suppliers and employees, and track their business finances easily and inexpensively.” In addition, this offer includes optional PocketBiz devices at a lower cost for MyMoBiz subscribers.