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Podcast: How to Lend Money to Strangers
Episode: Touch and tech in African consumer loans, with Michiel le Roux (Unifi Credit)
Description: Not every hot new name in consumer lending is some smartphone-native app underpinned by a quiver of machine learning algorithms. But also, not every hot new name in consumer lending is actually making a profit.This is why Michiel le Roux, Group CEO of Unifi Credit is taking on sub-Saharan Africa with a ‘touch and tech’ approach. A good ol’ fashioned branch network provides a route into the system for consumers, but as data is generated limits grow and transactions can move fully digital - a best of both worlds approach that doesn’t leave the less tech-sav...