What is Lending-as-a-Service?
The first thing to note about lending-as-a-service (LaaS) is that it's in the business of technology. It's not a money lending business.
What is the Credit Guarantee Scheme (CGS)
By covering part of the risk, the Credit Guarantee Scheme makes it easier for banks to offer better loan terms; larger amounts, longer timelines, and lower collateral requirements.
3 African countries making progress in Open Banking
Right now, your bank holds all your financial data: how much you earn, what you spend, your loan history, and more. Open Banking changes that.