There’s no catch. Even though EQ Bank gives you an above-average interest rate, they make their money by lending out your deposits to other people at a higher interest rate. This is standard practice for any bank, but since EQ Bank is a digital bank, they have less overhead compared ...
(IPCC), Internet of things, low interest rates, M-Pesa, market clearing, market design, Masayoshi Son, mass immigration, megacity, Michael Shellenberger, mobile money, Negawatt, ocean acidification, off grid, off-the-grid, oil shock, peer-to-peer lending, performance metric, renewable energy ...
The global appetite for agent lending as a means to manage liquidity, although still small, is apparent: at least one survey respondent from every region offers agent credit, and no one region represented the majority of responses. Particularly within the mobile credit space, fintech companies ...