by Elliot Wilson
Anar Chinbaatar is wreaking havoc: local banks are running scared of LendMN, a Digital payday lender that has disbursed 600,000 loans in just 18 months. The serial tech entrepreneur now plans to transform LendMN into a real digital bank – and take on Asia. Few would bet against him.
The best commercially disruptive ideas can blossom in unlikely conditions. Travis Kalanick was inspired to found Uber while waiting for a taxi in Paris. Mark Zuckerberg’s breakthrough was getting Ivy League undergraduates to tell one other they were single. And Anar Chinbaatar’s revelation happened one day when he went out for a smoke.
The best commercially disruptive ideas can blossom in unlikely conditions. Travis Kalanick was inspired to found Uber while waiting for a taxi in Paris. Mark Zuckerberg’s breakthrough was getting Ivy League undergraduates to tell one other they were single. And Anar Chinbaatar’s revelation happened one day when he went out for a smoke.
For more, go to
https://www.euromoney.com/article/b1cbh0p0mwc9xv/mongolias-digital-disruptor-takes-on-asia
