I'm more interested in how they plan on tackling the absolutely immense task of educating customers -- as someone said before, I'm not seeing anything to suggest adoption in Africa as of yet. Dev politely informed me they won't be releasing data on penetration at this time since it could be used by competitors, and as someone who's worked a fair bit on microlending and microinsurance solutions targeted to unbanked populations I can't say I'm convinced this has legs just yet.
Great idea, but the execution will be less than simple.
i think good step is that they use nigerian place to show idea