This archive report was first published on 9 October 2019.
On October 9, 2019, 4G Capital was named Silver Winner of the 'Responsible Digital Innovator of the Year' award at the Global SME Finance Awards in Amsterdam.
Organized by the International Finance Corporation and the SME Finance Forum, the Global SME Finance Awards celebrate outstanding achievements in delivering exceptional products and services to small and medium-sized enterprise (SME) clients.
4G Capital was selected from a pool of 144 applicants and chosen by a panel of independent judges based on criteria of Reach, Uniqueness & Innovation, Effectiveness & Impact, and Dynamism & Scalability.
The judges recognized 4G Capital for its responsible lending metrics, resulting in low non-performing loans (NPLs) for high-risk clients. This client-centric approach has led to industry-leading repayment rates, customer satisfaction, and repeat business.
According to Paulo de Bolle, Senior Director at the International Finance Corporation, the Global SME Finance Awards recognize and reward innovation in small business lending that can improve financing for SMEs, helping them grow and create jobs.
Upon receiving the award, 4G Capital's Founder and CEO, Wayne Hennessy-Barrett, said,
