Saturday, June 25, 2022

A look at the rise of Nigeria's BNPL services as some doubt the success of local startups amid weak ID verification systems and scant consumer credit records (Abubakar Idris/Rest of World)

Abubakar Idris / Rest of World:
A look at the rise of Nigeria's BNPL services as some doubt the success of local startups amid weak ID verification systems and scant consumer credit records  —  BNPL startups in Nigeria are gambling millions of venture dollars on solving a problem of weak ID verification and scant consumer credit records.



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...