Jul 27, 2020
Venio CEO Warren Platt was featured in a recent article published in Euromoney. There he talked about Venio's aim of extending short lines of credit to the unbanked and eventually bridging them to broader financial services further on.
Mr. Platt also talked about how the Philippines was a prime market to launch the new smartphone-based nano credit lending business in considering how about 81% of Filipino consumers are unbanked yet the country still remains incredibly tech-savvy. The Philippines was previously known as the SMS capital of the world and currently has very high internet and smartphone penetration.
The full article may be read here.