A study by Rapyd reveals that nearly half of Singapore's businesses express a strong need for innovative fintech solutions to address business concerns.
Despite the rise of digital payments, many B2B transactions still rely on costly wire transfers and slow bank processes, leading to significant delays and inefficiencies.
The report, which surveyed 100 B2B businesses in Singapore, indicates that 48% of respondents see fintech innovation as crucial for solving their challenges, underscoring a significant opportunity for the adoption of advanced payment technologies to enhance operational efficiency.
Article from SMEhorizon. Read more here or in the PDF below.
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