Bravo Greta! What a delight to read something from CGAP that is penetrating, shows strategic vision and - last but certainly not least - is also fun to read. Your insights and predictions match what we at MicroRate are seeing in Latin America and Africa. The hype around Fintech is deafening, but reality on the ground is still quite modest - and that's a good thing. Fintech still is focused on figuring out which borrowers are likely to pay back their loans. Even if it eventually cracks that nut, Fintech will discover that not all loans improve peoples lives and even fewer allow the poor to create wealth.
It's great to see a fresh wind blowing in CGAP. All the best, Damian