Smart skepticism on the 'proprietary algorithm' claims. Transaction data improves underwriting, but approval speed means nothing without collections discipline and portfolio management. The fintech lending graveyard is full of firms that could say 'yes' in seconds but couldn't collect when payments stopped.
We examine this gap between data-driven lending and credit operations at Trade Credit & Liquidity Management (TCLM) https://tradecredit.substack.com/
It's hard to tell to be very honest. For me, it's potentially very enjoyable theatre so for now, we watch. I can't seem to escape Zap ads on Instagram so there's that.
That bit of reality-checking at the end is why I subscribe to your newsletter.
Thank you so so much
Smart skepticism on the 'proprietary algorithm' claims. Transaction data improves underwriting, but approval speed means nothing without collections discipline and portfolio management. The fintech lending graveyard is full of firms that could say 'yes' in seconds but couldn't collect when payments stopped.
We examine this gap between data-driven lending and credit operations at Trade Credit & Liquidity Management (TCLM) https://tradecredit.substack.com/
The last part! Paystack will definitely need a new culture for the MFB to survive. That space is too crowded and not for the faint-hearted.
Nnanna writes the "Fintech is easy" Substack. You should totally subscribe.
It's hard to tell to be very honest. For me, it's potentially very enjoyable theatre so for now, we watch. I can't seem to escape Zap ads on Instagram so there's that.