The Philippines is home to one of Asia’s best-performing economies, but many of its 60 million adults may be missing out on the party thanks to their limited access to credit. In traditional lending models with manual processes, smaller loans were often simply too expensive to issue, but a new wave of entrepreneurs is looking to set that right.Georg Steiger is one such entrepreneur. With BillEase, Georg and his team are leveraging cutting-edge data tools and a buy-now-pay-later business model to issue small value loans automatically and safely.I speak to him about what first drew him to the Philippine market, and how they’re re-thinking data and data modelling.You can learn more about BillEase here https://billease.ph/You can find a full written transcript of the show at https://www.howtolendmoneytostrangers.show/episodes/episode-03And you can read more about profit models for champion/ challenger here https://w.howtolendmoneytostrangers.show/articles/an-introduction-to-champion-challenger Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.