CredoLab Turns to Smartphones as a Proxy for Credit Scoring

CredoLab Signs MoU with Peppermint to Explore Real Time Credit Scoring for Unbanked Filipino Customers

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.

CredoLab raises USD 7 mln, plans expansion in US and other markets

CredoLab has secured USD 7 million in its Series A funding round led by GBG, a global specialist in Identity Data Intelligence.

CredoLab Raises USD 7 million in Series A Investment Round Led by GBG; Plans expansion in US and other markets

CredoLab, a leading developer of bank-grade digital credit scorecards based on smartphone metadata, has secured US $7 million in its Series A funding round led by GBG, the global specialist in Identity Data Intelligence

CredoLab Raises US$1 Million from Walden International

SINGAPORE, MAY 3, 2018– CredoLab,a fintech provider of highly predictive, mobile-based alternative credit scoring solutions for banks, consumer finance companies, and retailers, today announced it has closed a US$1 million investment from established global venture capital firm Walden International.

CredoLab Raises USD 7 million in Series A Investment Round Led by GBG

CredoLab, a leading developer of bank-grade digital credit scorecards based on smartphone metadata, has secured USD 7 million in its Series A round funding led by GBG, the global specialist in Identity Data Intelligence.

CredoLab Raises Over US$1M to Help Unbanked Consumers Manage Their Credit

CredoLab said that the newly-raised capital — twice the amount it originally intended to raise — will be used to ramp up its product offerings and expand its operations to serve the underbanked population.

CredoLab raises $7 million in Series A investment round led by GBG

CredoLab, a leading developer of bank-grade digital credit scorecards based on smartphone metadata, has secured $7 million in its Series A round funding led by GBG, the global specialist in Identity Data Intelligence. In addition to GBG, the round saw participation from Walden International, an existing investor and Access Venture Capital among other new investors.

CredoLab Partners with iovation to Fight Credit Fraud

Credolab Named Among the Hottest 29 Fintech in 2019

CredoLab looks to alternative data to assess credit risk

Traditional credit risk scoring methods already had their warts before COVID-19, but the pandemic has exposed a key flaw, which has lenders looking for better ways of assessing risk.Enter CredoLab, which evaluates smartphone and web metadata to produce digital scorecards allowing lenders to make better decisions, especially for thin-file and underbanked people.

CredoLab Looking to Diversify Clientele