**Oystr: Unlocking credit access for the unbanked in Africa**
Oystr Finance, a Nigerian fintech company founded in 2022, was created to address the significant challenge of credit accessibility for the unbanked population in Africa. The company was conceived after its founder observed the difficulties an unbanked woman faced in obtaining a small loan due to a lack of formal credit history or a digital identity. Oystr Finance leverages mobile money transaction data to assess creditworthiness and uses mobile money wallets for loan disbursement and collection.
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