CDFI and Fintech Partnerships: A Promising Avenue for Affordable, Fast, and Equitably Distributed Small-Business Capital
The needs of small businesses were vast and urgent during the COVID-19 pandemic. But these challenges also had the potential to be turned into opportunities for enhanced partnerships between CDFIs and fintechs. This article discusses how CDFIs and fintechs can uncover shared interests and exchange expertise all while recognizing the limitations of these partnerships.