Subject: Bolt Now, Pay Later
Preview: Africa’s Mobility Space is up for grabs
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Last week, ride-sharing company Bolt partnered with CredPal to launch a ‘ride now pay later’ service in Nigeria. That will let riders hop on at no cost, and pay off their trips at the end of the month.
It’s a move that has been called as ‘mobility innovation’ - and could earn Bolt more marketshare in Africa’s mobility space. But does buy now pay later work in Africa? Let’s dig in