In this episode, Mike Townsend of the Around the Coin podcast sat down with Timothy Nuy the Founder and CEO of Finclusion Group, which is working to enhance the lives of Africans through simple, convenient, and appropriate financial services.
Since its inception in 2018, Finclusion’s proven credit-scoring modules have led to the distribution of 310 million in loans to 240,000 customers across five countries.
Prior to creating Finclusion, Nuy founded Fractal Labs in January 2020, creating a unique risk and AI modeling framework to the financial market. Nuy received his Bachelor of Science, International Business Economics from Maastricht University in 2008, also completing a program at Cal Berkeley’s Haas School of Business.
In 2011, Nuy became the Director of the African Development Corporation, an investment holding focusing on the financial services industry.
In March of 2015, Nuy became the Deputy-Chief Executive Officer of MyBucks, a company that operated financial institutions in Africa, Europe, and Australia. In March of 2019, he moved into the role of Chief Executive Officer, paving the way for the founding of his current companies.