Like the elephant seal, most fintech companies are focused on growing as large as possible. That means they usually choose a free business model to facilitate growth. Kristen Berman and Wendy De La Rosa of the Common Cents Lab say there's a better way: Abandon the free model and focus on removing the true psychological barriers to financial management.
The Indian parent company of struggling mobile operator Airtel Kenya is set to sell stakes or merge some of its African units in a bid to stay afloat and reduce its debt burden.
- Financial Inclusion
- Sub-Saharan Africa