CredoLab - Tech Innovator Profile

CredoLab - Tech Innovator Profile

Summary

CredoLab develops bank-grade digital credit scores based on customers’ mobile and web-behavioral data and provides them to banks, consumer finance companies, auto lenders, online and mobile lenders, insurance companies, and retailers.

This report provides insights into CredoLab, including an overview of the company and its product offering, detailed coverage of its business model and operations, and biographies of its senior management.

Scope

• CredoLab leverages AI and big data technologies to facilitate access to fair credit for consumers while equipping businesses with the latest AI credit-scoring technology.
• In 2019, CredoLab was selected as the winner in the ASEAN Open category at the Singapore Fintech Festival by the Monetary Authority of Singapore and the Association of Banks in Singapore.
• In October 2019, CIMB Bank Philippines partnered with CredoLab to drive financial inclusion across the Philippines. CIMB Bank Philippines leverages CredoApp, a white-label mobile application for applicant creditworthiness, and CredoLab’s AI-based credit-scoring capabilities to provide loans for Filipinos through CIMB App.

• Gain insights into CredoLab’s business operations.
• Gain an understanding of its technology focus.
• Gain insights into its partnerships and funding.