Small and Medium Businesses are encountering difficulty getting business loans from the large financial institutions. The emerging Technology is making impact on the Banking and Finance Industry. Through making effective usage of data which was overlooked during current operation, Fintech can provide a better solution for SME loans. Most banks use less than 10 to 20 percent of the data that they already have, so that’s a huge opportunity, to use that data for actionable insights. In addition, data is a good source for doing fraud check such as telecommunication data. Cyber security and other alliance are also included in the discussion for Fintech.