4G Capital CEO Discusses SME Lending During COVID-19 and Policies to Boost Access to Credit in the Informal Sector

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4G Capital CEO Wayne Hennessy-Barrett

4G Capital CEO Wayne Hennessy-Barrett discusses the Neobank’s experiences in extending working capital credit to small businesses during COVID-19 and how partnerships with Citi and Mastercard provided the necessary raft for small businesses. Wayne says it is essential for the government to offer a protective framework for creditors and a favourable tax policy for businesses. Finally, he highlights the company’s milestones for the year, including recent funding round and a Series C on the horizon.

 

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