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Neobanks and fintechs flood credits in Nigeria

Why the Growth of Neobanks is Good for the African Retail Banking User

In America today, workers are running the shows as companies continue to struggle because they cannot find workers to hire. If you know how to brew coffee well in Starbucks, you get a FULL university scholarship. Interestingly , the analogical equilibrium shift in what workers are experiencing in America is coming to the credit market in Nigeria where neobanks and fintechs are increasing supply of credits.

In this piece, Maro Elias explains why that is good for the users and the economy. Competition deepens products and accelerates innovation - and may the best product WIN