Business of Fintech, Finance Everywhere
‘The industry believes that poor credit scores are self–inflicted’: A new wave of fintechs is giving the underbanked access to credit
- New fintechs are targeting underserved communities that don’t have credit histories, using new methodologies to help them build credit scores.
- As more Millennials and Gen Zers navigate their financial journeys, their participation in the credit system could increasingly be aided by such fintechs.