Small businesses and entrepreneurs in emerging markets are pivoting to digital platforms and marketplaces to run their business. By doing so they create a rich digital footprint containing fine-grained information on the financial flows and context of their activity. What does this mean for lenders?
Really enjoyed this read, especially the client stories and the message about platform data vs. credit history scoring. Its true that clients are transforming digitally and at such a rapid pace too !
Hassan Bourgi
2 年
Great read!
Independent Fintech Advisor at Frontier Ventures
2 年Great read. This speaks to an emerging field of embedded finance that leverages data from the business and payment platforms that micro business people participate in. I think this is the most promising data source for automated lending to low income customers.