Solution to emerging markets capital access problem is not making the current predatory system more efficient, but investing in micro credit. Which will never happen at scale because it generates lower returns (better to have 10 bad payers than 1000 good payers)
Also, those markets, "venture capital" usually means vertical lending platforms. Healthtech? nah, just credit for dental treatment. Edutech? nah, just credit for classes. Etc.
It's a very crowded space