Touch and tech in African consumer loans, with Michiel le Roux (Unifi Credit)
Not every hot new name in consumer lending is some smartphone-native app underpinned by a quiver of machine learning algorithms. But also, not every hot new name in consumer lending is actually making a profit.
This is why Michiel le Roux, Group CEO of Unifi Credit is taking on sub-Saharan Africa with a ‘touch and tech’ approach. A good ol’ fashioned branch network provides a route into the system for consumers, but as data is generated limits grow and transactions can move fully digital - a best of both worlds approach that doesn’t leave the less tech-savvy behind.
In this episode, we chat about growing a continent-wide lending business out of Zambia, and building a scalable business off the back of better data management.
The best place to find out more about Michiel and Unifi Credit is their homepage (www.unifi.credit) - and as mentioned, they’re growing, so if you’re interested in working with them that’s here.
And, hey, if you’re in South Africa and you’re looking for a multi-asset, multi-strategy manager of alternative investment funds and co-investment platforms have a look at www.westbrooke.co.za (and tell Duncan I sent you 🤣)