While Asia has a very under-penetrated formal credit market, it offers a really big credit market that is informal.

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The cash-driven credit that is informal shared spending market one of the households in Asia happens to be a maive $500 billion possibility that has an enormous digitisation potential, an innovative new report revealed on Thursday.

While Asia has an extremely under-penetrated formal credit market, it’s a tremendously large credit market that is informal. (mais…)