News

Fintech Credit Provider 4G Capital Adjusts Business Operations to Cope with Coronavirus Outbreak

Source: CROWDFUNDINSIDER

Fintech credit provider 4G Capital, a firm that supports individuals and companies across Africa, has introduced operational and services updates for its business operations across Kenya and Uganda.

The company has also shared how it is dealing with the deadly coronavirus (COVID-19) outbreak.

FSD (Financial Sector Deepening) Kenya and the Kenya Revenue Authority revealed that about 95% of the nation’s businesses and entrepreneurs are currently operating within the informal economy.

Only around 24% of these companies have a business bank account. 4G capital noted that the firm remains committed to its customers and is supporting the relevant government guidelines, in order to survive during these challenging times.