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/
This is definitely going to be a slugger's fare right....but in your opinion, who do you think between the lenders (Fairmoney wing) or deposits (Moniepoint wing) will paystack confront first in full totality....or is it going to be a war on two fronts
Also already subscribed to Nnanna (I wish I hadn't lol, cos now I need to devour all the articles....weekend booked)
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.
I literally need to know who Nnanna is...lol
Their take seems to be wrapped in facts and then honey-dipped in comedy.
Nnanna writes the "Fintech is easy" Substack. You should totally subscribe.
Oh I am definitely doing that!
Thank you!
P.S
This is definitely going to be a slugger's fare right....but in your opinion, who do you think between the lenders (Fairmoney wing) or deposits (Moniepoint wing) will paystack confront first in full totality....or is it going to be a war on two fronts
Also already subscribed to Nnanna (I wish I hadn't lol, cos now I need to devour all the articles....weekend booked)
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.
Seems everyone but me has seen Zap ads