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Big Future for Fintech and Micro lenders

Big Future for Fintech and Micro lenders Mostly serve low income earners and people underserved by formal financial sector. Offer flexible products designed for maximum inclusivity – attractive products that can pool low income earners and thereby effectively reduce cost of serving them. Micro lenders are growing in Kenya both in number and size of …

Fintech/Microlending vs Banks

Fintech/Microlending vs Banks Micro lending is provided by Fintech companies such as Jisort, Tala, Branch, Getbucks, Lufax among others. Micro lending involve lending small loans mostly via technology platform like smartphones, mobile money wallets, digital wallets, web platforms. This is how micro lending differ from normal bank lending. However traditional banks are also adopting technology …