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About CredoLab<\/strong><\/p>\r\n

CredoLab develops bank-grade digital scorecards for banks, consumer finance companies, auto lenders, online and mobile lenders, insurance companies, and retailers from the best alternative data source - smartphone device metadata. Built on over 10 million loan applicants across 50 lending partners, our AI-based algorithm crunches nearly 500,000 features from opt-in smartphone metadata to find the most predictive behavioural patterns before converting them into credit scores. These enable any lender to make the most granular assessments possible of their applicants. Our clients have seen significantly higher new to bank customer approvals, a reduction in non-performing loans and fraud rate.<\/p>\r\n

Established in Singapore<\/span> in 2016, Credolab has powered almost USD 1 Billion<\/span> in loans issued after analyzing about 1 trillion data points across 15 countries. We are backed by Fintonia Group, FORUM, and Walden International.<\/p>"]; $("#dvExtra").html(content_array[0]);})();