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Uplinq Co-Founder Patrick Reily to Debate Whether AI-driven Banking Can Close the Small Business Funding Gap at the Global SME Finance Forum Conference

Uplinq Co-Founder Patrick Reily to Debate Whether AI-driven Banking Can Close the Small Business Funding Gap at the Global SME Finance Forum Conference
baltimorestar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from baltimorestar.com Daily Mail and Mail on Sunday newspapers.

Uplinq Co-Founder Patrick Reily to Debate Whether AI-driven Banking Can Close the Small Business Funding Gap at the Global SME Finance Forum Conference

Uplinq Co-Founder Patrick Reily to Debate Whether AI-driven Banking Can Close the Small Business Funding Gap at the Global SME Finance Forum Conference
stlouisstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stlouisstar.com Daily Mail and Mail on Sunday newspapers.

IFC Confirms $47 5 Mln Loan to African Subsidiaries of Baobab Financial Group

The International Finance Corporation (IFC) has officially approved its multi-currency loan to the Baobab Group, as announced in late May 2023. This

Baobab begins aggressive campaign to grow Nigeria s market | The Guardian Nigeria News - Nigeria and World News — Business — The Guardian Nigeria News – Nigeria and World News

Baobab, a francophone Africa-focused micro-lender, has commenced an aggressive campaign to increase its operations in Nigeria, which it sees as a very strategic market.

How trending quick loans lure workers, SMEs to debt traps

Checks done by this paper while interviewing a cross section of patrons of quick loans in Abuja, Lagos and other parts of the country, revealed that the trend became popular since 2018 and gained higher fame in 2020 with the economic crisis created by the COVID-19 pandemic. Quick loan firms everywhere There are a handful of them who offer enticing loans with low interest rates with little to no paperwork. While some offer from N20,000 to N5m, there are those whose thresholds reach tens of millions. Their tenors are between one and 12 months (one year), with some up to a maximum of 24 months (two years).

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