INSUBCONTINENT EXCLUSIVE:
After growing its lending business in West Africa, emerging markets credit startup Migo is expanding to Brazil on a $20 million Series B
firms so those companies can extend credit to underbanked consumers in viable ways.That generally means making lending services to
low-income populations in emerging markets profitable for big corporates, where they previously were not.Founded in 2013, Migo launched in
products through partner channels, Migo has originated more than 3 million loans to over 1 million customers in Nigeria since 2017,
explained.Migo does this through its cloud-based, data-driven platform to help banks, companies and telcos make credit decisions around
Migo can also be set up for use with QR codes, according to Nwokah.He believes structural factors in frontier and emerging markets make it
not yet disclose which one.Migo generates revenue through interest and fees on its products
grounds for startups looking to create scalable emerging market finance solutions.Migo could become a pioneer of sorts by shaping a fintech
