Unlocking Growth: Mastercard’s Role in Empowering the Mighty Middle Market
Fintech Corner · 2023-12-14 · 20 min
Episode notes
Mid-market companies ($10M - $1B annual revenue), represent 33% of private sector GDP. Despite their crucial role in economic health, these companies commonly go underserved because wholesale banking gravitates to supporting larger enterprises. On the other hand, mid-market companies are too big to fall into the SMB category, which is serviced out of retail banking. Consequently, mid-market companies lack capital and access to the right tools to digitize and automate - impeding their efficiency and growth potential. In this episode of Fintech Corner, Brett chats with Marie Elizabeth Aloisi, EVP of US Commercial Products and Acceptance at Mastercard. They explore Mastercard’s role in providing essential tools and capital to empower the middle market; creating growth and resilience in an increasingly digital landscape. Highlights: Why middle-market companies tend to be under-resourced and underserved in the tech landscape. The importance of digitization in attracting and retaining Millennial and Gen Z talent. How Mastercard focuses on API-driven solutions for mid-market companies aiding in efficient, real-time banking access.
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