Microfinance 1.0: The Gameen Foundation proves that default rates can be low when lending to the very poor. Microfinance is born. This was possibly the most important financial innovation in the last 50 years. Microfinance 2.0: Fast money rushes in and interest rates go to a level that is still better than loanRead More
Post Tagged with: "Zidisha"
Banks are worried that Fintech startups will “eat their lunch”, cherry picking their most valuable customers one service at a time. Instead of thinking defensively in traditional red ocean markets, they could be looking at blue ocean markets that they are not serving today. One of the biggest blue ocean markets is the underbanked. These…Read more Zidisha takes a radical approach to the global underbanked market