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3 results for "credit access"
Over one million Nigerians now own smartphones and have credit histories thanks to a company that ditched traditional banking rules. More than half are accessing formal credit for the very first time.
A Kenyan fintech startup has created a tool that helps banks recognize money from relatives abroad as income, opening up loans to millions of families previously shut out of credit. The innovation could transform over $5 billion in annual remittances from survival money into wealth-building opportunities.
Bank of Baroda just partnered with Tamil Nadu's rural mission to bring banking services to thousands of women-led Self-Help Groups across the state. The agreement signed at the Global Women Summit could unlock financial freedom for some of India's most underserved communities.