Credolab empowers banks and lenders to reduce credit risk with real-time scores derived from device and behavioural biometrics metadata.
Our solutions enhance predictive power by augmenting traditional data, achieving a 100% hit rate. By effectively scoring all applicants, including thin-files and new-to-credit individuals, we increase approval rates while reducing the cost of risk and ensuring better credit decisions.
The choice of 150+ financial companies, banks and fintech unicorns
We help you
Increase Predictive Power
Credolab's unique layer of alternative data has a low correlation with socio-demographic, credit bureau, and transactional data, providing a fresh perspective on creditworthiness.
Increase Approval Rate
Expand access to credit for applicants that traditional credit scoring models often struggle to assess due to limited information, leading to missed opportunities and a high rejection rate.
Decrease Delinquency
Analyse subtle behavioural patterns and device interactions to reduce the chances of mistakenly approving high-risk applicants (false positives) or rejecting low-risk applicants (false negatives).
Proven results
Better scores that complement your existing credit risk underwriting processes and general model
Decreased cost of risk
Increased approval rate
Decreased cost of acquisition
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Case studies
Better data and scores that complement your existing risk, fraud, and marketing processes
Neobanks
FairMoney is building the leading mobile bank for emerging markets on a mission to rebuild Africa's money story by offering Tier 1 digital financial services to merchants and consumers alike.
Integration Type:
Mobile SDK
Solutions Used:
Donald Evans
Chief Lending Officer
"Credolab allowed us to extract more insights on our customers through their unique data attributes which, in combination with our existing data points, improved the accuracy of our models. As a result, we managed to increase value to clients through a better offer creating positive selection and higher profitability....”
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Credit Bureaus
Círculo de Crédito is a credit bureau that provides current and historical information on the payment behavior of individuals and corporations to financial institutions with the prior authorization of the person to be evaluated.
Integration Type:
Mobile SDK
Solutions Used:
Mario Martinez Fisher
Chief Growth Officer, Círculo de Crédito
As the Chief of Growth of one of the most innovative credit bureaus in Latin America, I'm constantly searching and developing innovative solutions, enriched by technology. Our main objective is to promote inclusion and financial wellness for people and companies in Mexico. Credolab's technology allows us to leverage alternative data to score unbanked and underserved individuals, which will help us to foster financial inclusion and increase the size of our scorable population. Their technology is cutting-edge and their team is exceptionally knowledgeable and experienced. I am confident that our partnership with Credolab will be a success, and I am excited to see what the future holds for our two companies
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Credit Bureaus
TransUnion is a global information and insights company that makes trust possible in the modern economy. With a leading presence in more than 30 countries across five continents, TransUnion provides solutions that help create economic opportunity, great experiences and personal empowerment for hundreds of millions of people.
Integration Type:
Mobile SDK
Solutions Used:
Anand Krishnaswamy
Vice President Product, International, TransUnion
We partnered with credolab to integrate their SDK into our Digital Onboarding solution. The SDK was easy to implement and the customer support team was outstanding, making the integration process quick and efficient. One of the key reasons why we chose credolab as our partner was the quality of their alternative risk score. After testing it with a bank in the Philippines, we realised it was a good complement to our credit bureau score and CreditVision Link product to help TU's clients score every individual, not just the ones already known to the bureau. Embedding credolab SDK in TransUnion Digital Onboarding enabled us to offer businesses with alternative risk scoring alongside identity and fraud management, affordability assessment, decisioning, and digital fulfilment.
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Reduce cost of risk
Eliminate fraud
Improve marketing