Although disputed claims represent less than 3.5% of lifetime originations, one lawsuit for every 15 active borrowers highlights the legal and administrative costs of enforcing unsecured loans in high-inflation markets.
Who are North Africa's most influential startup dealmakers? Flat6Labs and the US's Plug & Play occupy front-row seats. A recent funding move has reinforced this assertion.
The agritech startup, which counts Netflix's Reed Hastings as a backer, has secured fresh capital from impact investor WaterEquity to expand across Africa.
The South African fintech is betting that consumers want to split payments without taking on new debt, a model that's driving higher-value sales for merchants.
Although disputed claims represent less than 3.5% of lifetime originations, one lawsuit for every 15 active borrowers highlights the legal and administrative costs of enforcing unsecured loans in high-inflation markets.
