Funding Details
- Awarder
- PlugAndPlayTechCenter
- Date Award
- May 15, 2024
- Funding URL
- View Funding Page
Company Info
- Company Description
- CredoLab’s credit scoring platform generates customised digital scores built on data from over 8 million loan applicants across 49+ lending partners. Their bank-grade algorithm crunches data from nearly 500 thousand features from opt-in smartphone metadata to find the most predictive behavioural patterns before converting them into credit scores. Since 2016, CredoLab has powered almost $1 billion USD in loans after analyzing about 1 trillion data points in 14 countries.
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