Bank-Grade Digital Scorecards for Better Credit Decisions
- Digital credit scores from smartphone and web behavioral metadata. CredoLab develops credit scores based on mobile and web-behavioral data to help lenders make better credit decisions. We enable Financial Institutions to tap on the unbanked, underserved, and new-to-credit (NTC) market segment.
- Non personal metadata. CredoLab uses non-intrusive & anonymous metadata to score customers. We are in full compliance with local data privacy laws, as well as GDPR. Our goal is to protect a customer’s privacy while empowering them financially.
“With CredoLab, we are now focusing on making our application and underwriting process more efficient so that we can extend credit to a broader market without compromising on our cost of risk.”Vijay Manoharan, CEO of CIMB Ban
CredoLab develops credit scores based on mobile and web-behavioral data to help lenders make better credit decisions. We strive to make loans accessible to everyone and improve the lives of people who are otherwise left out by traditional banking processes. Our mission is to increase financial inclusivity globally, by transforming the credit decisioning process through our state-of-the-art, data-driven, and cost-effective solution which creates a path for creditworthy individuals to access mainstream financial services.
Established in Singapore in 2016, we have partnered with more than 80 lenders to power almost USD 2 Billion in loans issued across 25+ countries.