
Not Boring Founders: Zach Marks, Jia
"Age of Miracles"
00:00
The Challenges of Microfinance
Tala was one of the first companies in what we now know as mobile lending. The idea is to use phone data to underwrite people for a loan as small as $10. Tala grew from like 6,000 to 6 million borrowers across Asia, Africa and Latin America. GIA: Why did the FinTech's get all the upside instead of the borrowers?
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