BFC Bulletins Monthly News Digest
Tags Credit Scoring Operational Efficiency SME Startups
Q-Lana, a U.S.-based FinTech company, was founded to develop the concept of knowledge-based lending as a way to help financial institutions overcome the challenges associated with broader MSME lending and, thereby, spur economic development. Q-Lana is an integrated platform that offers fully-digitized operations and allows other providers to connect to it. Moreover, it’s implementation is paired with consulting services in order to facilitate important steps along the digitization path. Q-Lana’s founders hope that Q-Lana will become a powerful tool to help emerging economies continue their development. Q-Lana has already been launched in select locations in Africa, the Caribbean and Europe and is expected to come to markets in Central and Southeast Europe in the near future.
