Polly Jean Harrison, Features Editor of the Fintech Times, joins Remy Blaire to discuss some exciting developments in the financial technology sector, particularly in Europe and the Middle East.
The discussion begins with the announcement of a partnership between Orange Money Group and Jumo, a banking as a service FinTech provider. This collaboration aims to enhance financial inclusion by introducing new microcredit solutions for unbanked communities in the Middle East and Africa. Polly explains how this partnership leverages data analytics and AI to optimize credit allocation, allowing customers to securely request credit via their mobile devices without needing a bank account or collateral. This initiative is set to create a new microfinance marketplace, which is particularly promising for emerging markets.