LendBetter is an Innovative Solution Helping Fintechs Maximize Loan Approval at Lower Default Risk
SINGAPORE, Nov. 3, 2022 /PRNewswire/ — Mobilewalla, a world chief in shopper intelligence options, is happy to announce the launch of its latest providing for digital lenders, LendBetter, on the Singapore Fintech Festival 2022.
Leveraging the trade’s most complete repository of world shopper info, LendBetter is uniquely positioned to offer digital lenders with high-quality, AI pushed predictive knowledge and options at scale, serving to them enhance their credit score evaluation and buyer acquisition course of. LendBetter additionally gives monetary establishments straightforward to combine danger scores powered by refined machine studying, that are extremely predictive of credit score–worthiness for new-to-credit debtors. This permits digital lenders to increase loans to thin-file shoppers, considerably growing access-to-credit and positively impacting monetary inclusion in rising markets.
Working intently with numerous monetary expertise corporations in Southeast and South Asia in the course of the previous yr, LendBetter has generated optimistic outcomes for these early prospects bettering acquisition high quality with the utilization of AI pushed options as a part of the credit score evaluation course of.
“LendBetter’s deep insights into consumer behaviour have helped us improve our quality of acquisition by reducing fraud, allowing us extend credit with more confidence” mentioned, Paramananda Setyawan, Chief Data Office with FinAccel, a number one monetary expertise firm targeted on reinventing monetary providers in Southeast Asia. “Our partnership with Mobilewalla complements our growth ambitions. We are very pleased to work with them to help more people get easier access to credit.”
“With our industry first offering LendBetter, Mobilewalla is excited to work with digital lenders across emerging markets to enable financial inclusion for the new-to-credit” mentioned Anindya Datta, CEO and Founder of Mobilewalla. “Lendbetter provides access to AI driven, privacy compliant consumer data at scale, enabling them to approve more credit at a reduced default risk. Our partners find our future-proof features and scores to be highly predictive of consumer behavior, and easily integrable for a variety of use cases spanning customer acquisition, risk management, and fraud prevention.”
Financial expertise corporations in exploring the worth of LendBetter can obtain a pattern knowledge set and request for reside API take a look at at https://www.mobilewalla.com/api-request.
About Mobilewalla
Mobilewalla is a frontrunner in shopper intelligence options, combining the trade’s most sturdy knowledge set with deep synthetic intelligence experience to assist organizations higher perceive, mannequin and predict shopper conduct.
