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September 25, 2019 11:00 am GMT

Kreditech, the AI-based near-prime loans platform, nabs $22M under new CEO to expand globally

Cash advances (or simply, loans) continue to be a lucrative area for startups to tackle. By leveraging new AI-based tools to evaluate potential customers, the network effect of the internet and the quick efficiency of digital money transfer, they’re taking on incumbent banks to disrupt a consumer lending market estimated to be worth some $284 […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/SQVPVlwEVxE/

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