[Medium] How Fintech Lenders Can Cope with the Impact of the Pandemic — Lessons from Flourish’s Portfolio Leaders
By Arjuna Costa
While the policy interventions being proposed at the national and multilateral levels could partially cushion the shock, these lending start-ups are going to have to navigate a period of chronic uncertainty. At Flourish, we convened the leaders of nearly a dozen of our portfolio companies that are lending across Asia, Latin America, and Africa. We were struck by the thoughtfulness of their responses to the crisis. What was most heartening was their starting point — that this is a health and emotional crisis before it’s an economic crisis.
With that ethos front and center, we hope their strategies highlighted below form a blueprint for others to follow...