Branch raises $70M Series B from Trinity Ventures, a16z, and others to expand its mobile lending platform that offers loans between $2 and $1000 in Africa
Connie Loizos / TechCrunch : Tweets: @africatechie and @fareastenders Tweets: Rebecca Enonchong / @africatechie : This young lending startup just secured $70 million to lend $2 at a time in Nigeria, Kenya and India. http://techcrunch.com/... Drew Graham / @fareastenders : “What Branch built is an app that analyzes all kinds of information on users' phones that determines how to score their credit. For example, in Nigeria, every time you use an ATM, the bank sends you an SMS message with your bank balance.” http://techcrunch.com/...