Reducing the cost of delivering financial services in emerging markets
Branch is a for-profit socially conscious company based in San Francisco and Nairobi. They use technology to dramatically reduce the cost of delivering financial services in emerging markets.
Branch eliminates the challenges of getting a loan by using the data on your phone to create a credit score. Their fees are clear and easy to understand, their terms allow for easy repayment and they do not charge late fees or rollover fees. As borrowers pay back on time their fees decrease, and larger loans become available with more flexible terms.
Last updated: 21st of September, 2016