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With over 1.3 million users, Nigerian-based fintech FairMoney wants to replicate growth in India

TechCrunch

” FairMoney, founded by Laurin Hainy , Matthieu Gendreau and Nicolas Berthozat , is a licensed online lender that provides instant loans and bill payments to underserved consumers in emerging markets. That said, FairMoney also claims to have an NPL ratio lower than 10%. . The Indian market is quite similar to Nigeria’s.

India 106
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Lynk & Co will make you rethink outdated ideas of car ownership

The Verge

Lynk & Co first announced its ambitious approach to car sharing five years ago in its home city of Gothenburg, Sweden, emboldened by studies that say cars sit unused 96 percent of the time. To be successful, car-sharing companies must maintain a magic ratio of vehicles-to-borrowers. Photo by Nguyen Tran.

Ideas 116