How did the Catalyst Fund grant funding and technical assistance help PayLatr to build out their micro-credit platform?
On average, a middle-income household in India spends about 7,000 – 9,000 rupees at any neighborhood store. More than 95 percent of transactions are in cash because most stores do not accept cards and/or users do not have credit cards. Here’s how Catalyst Fund accelerated PayLatr to change the #InclusiveFintech landscape. #CF20