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Technology as an enabler for international access to credit
Technology has the power to change lives in ways we are yet to imagine, and right now it is shaking up the world of consumer finance.
In this white paper, we look at the four key challenges faced by start-up firms for the use of technology in enabling globally mobile consumers to access credit – funds that are critical to achieving personal hopes and dreams, while also re-shaping the international finance sector. These are:
Varying regulatory environments
Difficulties building a standardised business model
Investment is restricted to high net worth and sophisticated investors who can demonstrate that they have sufficient knowledge and experience to understand the risks of investing. Risks include the potential loss of capital and limited liquidity. Capital at risk. Investments are long term and it may not be possible to sell your investment prior to maturity. See our full Risk Warning and Terms and Conditions.
Prodigy Services Limited is incorporated in the United Kingdom (Company Number 10201413) with its registered address at Palladium House 1-4 Argyll Street, London, W1F 7LD. Prodigy Services is an appointed representative of Sapia Partners LLP which is authorised and regulated by the Financial Conduct Authority. Prodigy Services Limited promotes offers of securities for third party issuers to eligible investors.