Tag "CredoLab"
Meet the 65 Finalists at the SFF Global Fintech Awards 2022
The SFF Global Fintech Awards 2022, presented by Monetary Authority of Singapore (MAS) and the Singapore Fintech Association (SFA) and supported by PwC Singapore, is themed “Embracing Digital, Charting the New Normal”. 223 submissions were received across nine award categories,
Read More
GBG Invests US$7M in CredoLab’s Series A Funding Round
GBG, an identity data intelligence specialist, announced that it has led the US$7 million Series A investment round in CredoLab, a developer of bank-grade digital risk scorecards. Established in Singapore in 2016, CredoLab is said to have approved over US$2
Read More
CIMB Philippines Partners with Singapore’s CredoLab to Further Drive Financial Inclusion
CIMB Bank Philippines has partnered with Singapore-based fintech CredoLab to extend financial products to underbanked customers in the Philippines, starting with personal loans. CIMB Bank Philippines uses CredoApp (CredoLab’s white-label mobile application) to instantly score applicants, including “thin-file” customers who
Read More
Singapore’s CredoLab to Power Digital Financial Inclusion in Sub-Saharan Africa
CredoLab, a developer of bank-grade digital scorecards based on smartphone metadata, announced its expansion into the Sub-Saharan African fintech market with the addition of three new clients – two banks and a leading airtime credit provider. According to its press
Read More
Vietnam’s Unbanked Can Now Get Credit Cards With Just A Phone And Good Behaviour
Personal finance comparison website GoBear and alternative credit scoring provider CredoLab announced that they’re teaming up to launch Easy Apply, a smartphone app that enables banks, financial institutions and lenders to extend credit to a larger pool of customers while
Read More
Credit Score Solution Provider CredoLab Raises US$1 Million
CredoLab, a fintech provider of highly predictive, mobile-based alternative credit scoring solutions for banks, consumer finance companies, and retailers, announced it has closed a US$1 million investment from established global venture capital firm Walden International. CredoLab utilizes its proprietary mobile application, CredoApp, to extract
Read More
6 undiscovered Fintech Startups in Southeast Asia VCs Should Keep an Eye on
Southeast Asia is the world’s fastest-growing region in terms of Internet users. The region’s Internet economy is expected to be worth US$200 billion by 2025 with the biggest portion going toward e-commerce. Investors are also excited about fintech, which promises
Read More
Fintech Takes Off In Indonesia
Investment in fintech startups is set to hit a record hit in 2017 with an estimated 50 deals to close this year, according to an analysis by CB Insights. While the overall industry is gaining traction from both consumers and
Read More
How Fintech Companies Can Help Indonesian Banks
With a population of over 250 million, consistent economic growth and high mobile phone penetration, Indonesia has emerged as one of Southeast Asia’s most promising markets for fintech disruption. The World Economic Forum predicts that by 2020, Indonesia will become
Read More
Why Asia Needs Alternative Credit Scoring
While progress has been made in expanding financial inclusion, there are still billions of people in the world who do not have access to basic banking services, including access to credit. Between 2011 and 2014, the number of people worldwide
Read More