Digital Credit – Have We Not Been Here Before With Microfinance?
Digital credit is an important, high potential and often valuable financial service for the mass market. There are plenty of opportunities to tweak and significantly improve the digital credit offerings.
MicroSave Group Managing Director, Graham A.N. Wright, Live Debate from Luxembourg-Digital Finance
MSC’s Group Managing Director, Graham A.N. Wright, during a live talk with MFI experts in Luxembourg.In this video, Graham debunks the hype around digital credit. He goes on to state that digital credit is not a cause for celebration as it is instigating financial exclusion.
Competition in the Kenyan Digital Finance Market: Digital Deposits (Part 3 of 3)
This is the third blog in a three part series, which compares digital financial service offerings in Kenya. The first blog focused on mobile money services, the second one analysed digital credit and this one analyses digital deposits. Digital deposit accounts are a controversial topic in digital finance. Many analysts note that mobile money providers cannot offer interest on […]
Competition in the Kenyan Digital Finance Market: Digital Credit (Part 2 of 3)
This is the second blog in a three part series, which compares digital financial service offerings in Kenya. The first blog focused on mobile money services and this second one delves into mobile banking services, focusing on digital credit. These are certainly the most complicated but also the most exciting services given their potential to deepen financial […]
Competition in the Kenyan Digital Finance Market: Mobile Money (Part 1 of 3)
There has been a great deal of international discourse on the topic of mobile money after Kenya’s successful implementation of M-PESA, and as we recently wrote, the success is increasingly shared by banks. This is a clear victory for Kenyan customers, who now have more options to choose from. However it also means that the financial […]