Credit data marketplace CARMA expands its footprints to Zambia

ZAMBIA – CARMA, Kenya-based credit data marketplace which provides lending companies with access to real-time credit data on a peer-to-peer basis through a pay-as-you-go service, has signed an agreement for an initial launch in Zambia ahead of a full continental rollout. The startup’s initial launch will take place in Zambia, where it has signed an agreement with the country’s National Association of Savings and Credit Unions (NASCU) to provide credit reference services for 1,122 credit unions. These credit unions serve almost 1.5 million members, equivalent to almost 15 per cent…

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