CredoLab Pte Ltd

CredoLab’s credit scoring platform generates customised digital scores built on over 8 million loan applicants across 49+ lending partners.

About Company

CredoLab develops bank-grade digital scorecards for banks, consumer finance companies, auto lenders, online and mobile lenders, insurance companies, and retailers from the best alternative data source - smartphone device metadata. Built on over 8 million loan applicants across 50+ lending partners, our AI-based algorithm crunches nearly 500 thousand features from opt-in smartphone metadata to find the most predictive behavioural patterns before converting them into credit scores. These enable any lender to make the most granular assessments possible of their applicants. With an aggregate of 16 million application downloads, our clients have seen 20X higher new to bank customer approvals, a 15% reduction in non-performing loans, and a 22% dip in fraud rate. Established in Singapore in 2016, Credolab has powered over USD 1 Billion in loans issued after analyzing about 1 trillion data points across 15 countries. We are backed by Fintonia Group, FORUM, and Walden International.

Founder’s Story

CredoLab: How we drive better credit decisions Bank-grade Digital Scorecards Based on Mobile Device Data Credit Scoring solution for the unbanked and underbanked around the world #Fintech for #FInancialinclusion

Products & Services

Timeline

Organize your company's milestones and other events in chronological order to share your unique heritage that shaped your business today.

Press Coverage

2020/09/12

prnewswire.com

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

2019/06/26

credolab.com

CredoLab at Ping An Cloud Accelerator 3rd Cohort

2019/06/04

digitalnewsasia.com

CredoLab Turns to Smartphones as a Proxy for Credit Scoring

2019/06/04

digitalnewsasia.com

Credolab turns to smartphones as a proxy for credit scoring

2019/06/03

analyticsinsight.net

CredoLab: One of the Most Innovative Machine Learning Companies in 2019

2019/04/22

credolab.com

CredoLab Extends Smartphone-based Scoring to Insurers

2019/02/12

credolab.com

Digitally disrupted: When your smartphone usage behavior predicts your financial habits

2019/02/10

fintechnews.sg

Singapore's 29 Hottest Fintech in 2019 - Fintech Singapore

Peter Barcak

Co-founder & CEO

Michele Tucci

Chief Product Officer

Tarun Kumar Kalra

Head of Global Sales

Pavel Herber

Customer Success Director

Press Contact

Azmeen Ansar

aansar@credolab.com

+6583447929

CredoLab Pte Ltd

About Company

Founder’s Story

Products & Services

Timeline

Press Coverage

Team

Peter Barcak

Michele Tucci

Tarun Kumar Kalra

Pavel Herber

Press Contact

Products

Company

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