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Pinoy-led firm secures $5 million funding for fintech solutions

Pinoy-led firm secures $5 million funding for fintech solutions
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Fintech, CDFI offer small-dollar loan with new twist

Asenso Finance and a community development financial institution, the National Asian American Coalition, have developed a loan aimed at borrowers with limited credit histories. The underwriting relies in part on alternative data and borrowers are required to take financial literacy courses.

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