CredoLab Signs MoU with Peppermint to Explore Real Time Credit Scoring for Unbanked Filipino Customers
February 20, 2018
Singapore FinTechs GoBear and CredoLab Partner to Bridge Divide Between Banks and More than 110M Underbanked in Key Emerging SEA Markets
On 20 February 2018, CredoLab signed a Memorandum of Understanding (MoU) with Peppermint Innovation Limited, an Australian Stock Exchange-listed company. The MoU was signed under which CredoLab and Peppermint will explore opportunities to provide real time credit scoring for unbanked and underbanked Filipino customers so they can access micro finance and micro insurance services.
This partnership reinforces our expertise in big data and AI and will enable Peppermint and CredoLab to work together to develop a solution to integrate the 70% of Filipinos who do not have a bank account or any credit history, into the financial system.
Stay tuned for more updates on this partnership.