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AI-driven lending

Coverage of AI-driven lending in the Nexus archive.

Earliest in view: Jul 22 · 11:16 UTCMost recent: Jul 22 · 11:16 UTC
Co-mentioned in this coverage
Optasia Grouporganization1Ethiopiaplace1Egyptplace1Salvador Angladaperson1Standard Bankorganization1Equity Bankorganization1Access Bankorganization1
Recent coverage
  • BUSINESSJul 22 · 11:16 UTCSEMAFOR
    Africa’s AI-driven lender to enter Ethiopia, Egypt

    Optasia, an AI-driven lending platform backed by a South African lender, is expanding into Ethiopia and Egypt, leveraging machine-learning algorithms to maintain a 1.2% default rate in credit-starved markets. The firm aims to address low private-sector banking credit in these countries, where traditional banks face higher default rates.

AI-driven lending · Dossier · The Nexus