Tim Scheffmann News Today

There are over 6,000 rural banks to help connect microfinancing for the 8,600 villages in Laos where most of the population resides.

Three years ago, LTS Ventures was tasked with building a simple microfinance platform for Laos’s army of village banks and savings unions. It took off like a rocket, boosting financial inclusion, cutting fraud. Now the firm is eyeing fresh external funding and expansion across southeast Asia.