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Podcast: How to Lend Money to Strangers
Episode: Making payday lending redundant, with Caroline van der Merwe and Simon Ellis (Jem)
Description: South Africa has an awkward history with payday lending and payday adjacent lending, so I was a touch concerned when I first heard that a fresh pair of South African entrepreneurs were looking to shake up the industry. Luckily, all my concerns were misplaced, because SmartWage is not looking to rethink payday lending, they're looking to make it redundant.You can read more about SmartWage, now re-branded as Jem at https://www.jemhr.com/ In today’s episode, we talk about digitising communication between employers and employees, removing trucks’ worth of paperwork, and prov...