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P2P lender Modalku grows to disburse 1 million loans
Bridging financing gap across three countries, Funding Societies/Modalku’s machine learning based risk assessment model, partnership ecosystem and range of loan services facilitated it to grow exponentially disbursing $613 Million loans within three years.
Regulations are transforming digital banking
Banks are moving away from the gloomy outlook that previously reigned in the financial world. In The Asian Banker Future of Finance “Risk and Regulation” conference, regulatory transformation, rise of blockchain technology and open banking collaborations were pointed out as the key factors in enhancing the banking industry
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