How Quipu Bank Uses AI to Serve 17,000 Micro-Businesses Banks Reject | Mercedes Bidart - Quipu Bank скачать в хорошем качестве

How Quipu Bank Uses AI to Serve 17,000 Micro-Businesses Banks Reject | Mercedes Bidart - Quipu Bank

In this conversation, Mercedes and Tomer explore the structural gap in Latin America's credit system: 94% of micro-businesses have no access to formal credit, not because they can't repay, but because they're invisible to traditional banks. Without business bank accounts, financial statements, or credit history, they're trapped in a loop, forced to pay 20% monthly interest rates to informal lenders who arrive by motorcycle, collect daily, and enforce with violence. Quipu uses AI and alternative data: Instagram posts, transaction wallet flows, video submissions—to assess creditworthiness where banks see only risk. The result: loans at a fraction of informal rates, 5-6% default rates, and proof that the "unbanked" are actually bankable. Timestamps 📌 [00:00] Introduction - Mercedes Bidart, CEO of Quipu Bank [03:29] Understanding Colombia's informal economy [09:04] Why informal businesses can't access traditional banks [16:18] Using alternative data to predict credit risk [22:33] Fighting bias in credit algorithms [28:23] The $1 trillion credit gap in Latin America [36:28] The real cost of capital for early-stage fintechs [38:37] AI opening new markets - approval vs. repayment rates [45:56] Mercedes' vision: Quipu across Latin America and beyond Relevant Links: 👉 Quipu Bank: https://quipu.com.co/ 👉 Mercedes on LinkedIn:   / mercedes-bidart-argentina   👉 Textile: https://app.textilecredit.com/ 👉 Tomer on X: https://x.com/TBariach 👉 Tomer on LinkedIn:   / tomer-bariach