Banks
Lenders
Insurers
Aggregators
Automobile
Retailers
Airtime Lenders
Travel Bookings
Ride Hailing
now
CredoApp
Bankgrade Digital Credit Scorecards based on Alternative Data
For banks, consumer finance companies, auto dealers, online and mobile aggregators, insurers, and retailers
AI Credit Scoring for the Unbanked and Underbanked
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CredoLab uses smartphone metadata to build a comprehensive user behavioural analysis in real time.
Untapped Segments
CredoLab doesn’t rely on traditional scoring methods. As a result, our AI-based algorithm leverages on alternative data, which opens up an entirely new customer base for financial institutions.
Using AI to Convert Metadata into Credit Scores
AI Credit Scoring
CredoLab accesses privacy-consented and permissioned smartphone metadata — nearly 1,000,000 features — to detect predictive patterns. This alternative data is then converted into actionable credit scores.
Prioritising Customer Privacy
CredoLab uses non-intrusive & anonymous metadata to score customers. We are in full compliance with local data privacy laws, including GDPR. Our goal is to protect customer privacy while empowering them financially.
Real-time Scoring and Approvals
Unmatched Speed and Predictability
With scores generated within 3 seconds — and with a Gini coefficient of up to 0.6 — CredoLab’s bank-grade algorithm is the most predictive and efficient alternative credit scoring solution on the market today.
Deeper Insights for Better Decisions
Improve decision making using CredoLab’s customer behaviour insights, such as Lifestyle Segmentation, Wallet Insights and CreditShopper.
Tailor-made Credit Scoring
Quick, No Hassle Deployment
Go live in as little as 3 days using a white label app or our Web-based dashboard. CredoLab’s robust infrastructure enables you to quickly implement seamless digital onboarding journeys.
Multi-Industry Support
Use alternative credit scoring to make informed credit decisions across a range of industries, such as banking, consumer finance, retail, online & mobile lending, insurance, online aggregators, wallets, e-commerce and auto lending.
