Consumer Credit Startups in Africa
Consumer credit is heating up in East Africa, with local fintechs like Money Fellows and Sava grabbing market share. Banks are feeling the pressure to innovate, but they're also wary of the risks. The real story on the ground is that there's a lot of potential, but also a lot of challenges. Local business leaders are excited about the opportunity to reach more customers, but they're also concerned about the regulatory environment and the potential for defaults. Overall, the consumer credit mark...
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