Day 1: Introduction to the Challenge 📢 Day 1/100: The Journey Begins! I'm embarking on a 100-day challenge to share insights, progress, and lessons learned as I build a data-driven credit scoring model tailored for Buy-Now-Pay-Later (BNPL) services in Ethiopia's fintech space. 🚀
Why this topic? BNPL is reshaping financial inclusion, and robust credit scoring is the backbone of sustainable lending. Follow along as I explore data, algorithms, and strategies to make this happen!
Day 1: Introduction to the Challenge 📢 Day 1/100: The Journey Begins! I'm embarking on a 100-day challenge to share insights, progress, and lessons learned as I build a data-driven credit scoring model tailored for Buy-Now-Pay-Later (BNPL) services in Ethiopia's fintech space. 🚀
Why this topic? BNPL is reshaping financial inclusion, and robust credit scoring is the backbone of sustainable lending. Follow along as I explore data, algorithms, and strategies to make this happen!
At the start of 2018, the company attempted to launch an Initial Coin Offering (ICO) which would enable it to enable payments (and earn the cash that comes from doing so). The initial signals were promising, especially given Telegram’s user base is already fairly crypto-savvy. It raised an initial tranche of cash – worth more than a billion dollars – to help develop the coin before opening sales to the public. Unfortunately, third-party sales of coins bought in those initial fundraising rounds raised the ire of the SEC, which brought the hammer down on the whole operation. In 2020, officials ordered Telegram to pay a fine of $18.5 million and hand back much of the cash that it had raised. Despite Telegram's origins, its approach to users' security has privacy advocates worried. "The argument from Telegram is, 'You should trust us because we tell you that we're trustworthy,'" Maréchal said. "It's really in the eye of the beholder whether that's something you want to buy into." NEWS Channels are not fully encrypted, end-to-end. All communications on a Telegram channel can be seen by anyone on the channel and are also visible to Telegram. Telegram may be asked by a government to hand over the communications from a channel. Telegram has a history of standing up to Russian government requests for data, but how comfortable you are relying on that history to predict future behavior is up to you. Because Telegram has this data, it may also be stolen by hackers or leaked by an internal employee.
from us
