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Why India Leads in Digital Payments

Andreessen Horowitz

When my co-founders and I launched Branch in 2015, our mission was to deliver world class financial services to the mobile generation. Traditionally, banks have primarily served prime customers, resulting in the lowest cost of funds, while digital lenders have targeted slightly riskier segments and consequently have a higher cost of capital.

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China’s work automation startup Laiye raises $160M, acquires France’s Mindsay

TechCrunch

To fill the gap, he started Laiye in 2015. Other investors include VMS Group from Hong Kong, Chinese private equity firm Youshan Capital, as well as existing investors Lightspeed China and U.S. ” Worldwide Laiye has nearly 200 large corporate customers and global consultancies as strategic partners including Deloitte and KPMG.

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