Embedded finance solutions that empower merchants to become lending fintechs
Plug & Lend partners with Credolab to offer embedded, data-driven lending. Enable fast and inclusive credit for your customers now.
Plug&Lend modular solution allows any business to offer financing options to its customers, seamlessly integrated at the moment of purchase, even when Lending is not their core business!
Plug&Lend partnered with Credolab to seamlessly integrate their unique source of smartphone behavioural metadata to provide modernised and accurate credit risk assessment utilising alternative data.
Plug&Lend offers a One-stop-shop to support the full lifecycle of the loan from onboarding to collection and funding converting your business into a fintech that is uniquely tailored to your needs and risk appetite.
Our use Cases: Buy Now, Pay Later , Remittance advance, Salary advance as well as any other custom lending program that best suits your company needs!
Client Success Stories
Discover how credolab has transformed businesses by enabling data-driven decision-making and fostering growth through innovative solutions.
Why Should This Excite You?
Credit Decision Engine
A no-code platform for easy rule, scorecard, and workflow creation.
Funding as a Service (FaaS Platform)
Real time loan portfolio and cash flow analytics with automated eligibility rule reconciliation secured funding.
Lending as a Service (LaaS Platform)
Centralised platform for loans and collections management with an API-centric approach.
Onboarding
Origination
Servicing
Collection
COVER THE E2E CREDIT LIFE-CYCLE
Credolab x Mastercard Engage Partner Network
Digital First Component to Acquire
Accelerating time-to-market for Mastercard issuers looking to leverage credolab's alternative credit scoring solutions globally.
Credolab has joined the Mastercard Engage Partner Network as a Digital First Solution under the Digital Components for Acquire pillar.
What is a Digital First Solution?
Credolab: A Digital First Solution to Acquire
Mastercard chose credolab to support credit card issuers globally to approve more deserving applicants, even those that do not have traditional credit bureau data.
With credolab, issuers can now:
- Lower the cost of risk
- Decrease the cost of fraud
- Increase the approal rate
Digital First Components
Acquire
Providers of this component bring cardholder journeys to life, offering the capabilities required to approve more cardholders without adding friction to their onboarding journey.
Use
Providers of this component add cards to digital wallets effortlessly. Transact digitally across all channels including point-of-sale, online, and in-app.
Manage
Providers of this component enhance peace of mind. Digitally view card details, set controls, and contact customer service hassle-free.
Engage
Providers of this component elevate your journeys with a Digital First proposition through tailored offers and loyalty benefits.
Credolab: Mastercard Component to Acquire
Insights for Every Credit Card Applicant
Leverage credolab’s powerful behavioural data analytics platform built on proprietary machine learning (ML) algorithms. Analyse privacy-consented and permissioned behavioural biometrics and device fingerprint metadata for every applicant.
Insights for Every Issuer, Globally
Issue more credit cards to more deserving applicants without worrying about regulatory compliance or adding friction to the onboarding journey.
Instantly receive credolab's rich insights and predictive scores anywhere you issue credit cards.
Insights for Smarter Decisions, in Real Time
Credolab’s insights and alternative risk scores are delivered in real-time all via one API.
With credolab, banks, neobanks, and digital credit card issuers gain access to:
- Enhanced alternative risk scores
- Greater predictive power
- More accurate fraud checks
- Higher approval rate
- Reduced risk and fraud costs
