Semafor in its latest article is highlighting Optasia’s next chapter: bringing AI-driven credit to two of Africa’s largest underbanked markets, together home to over 200 million people. The piece notes we have defaults held to just 1.2% — far below traditional bank write-off rates. As our Group CEO, Salvador Anglada, told Semafor, “Our borrowers maintain these micro-loans almost like a vital utility.” We’re proud to see our model for financial inclusion recognized on the global stage.
Read the full Semafor feature to learn more about where we’re headed next.