Updated May 20, 2020

Amie Vaccaro

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Empowering the underserved to use their data to access financial products at a lower cost, faster and more conveniently

Credit scoring with alternative data to reach the under-served. Lenders attempting to reach the un-banked, under-banked, un-scorables, including banks, microfinance institutions, and retailers.Allows for lenders to safely and profitably reach the under-served.
Credit scoring with alternative data to reach the under-served. Lenders attempting to reach the un-banked, under-banked, un-scorables, including banks, microfinance institutions, and retailers.Allows for lenders to safely and profitably reach the under-served.
SEE LESS

Stage 5: Scaling

LenddoEFL has provided credit scoring, verification and insights products to 50+ lenders, across 20+ countries, serving 6 million people and lending $2 billion USD.
Registered in Singaporein Singapore

Focus Areas:

Economic Empowerment, Digital Finance, Finance and 3 MoreSEE ALL

Economic Empowerment, Digital Finance, Finance, Economic Growth and Trade, Entrepreneurship and Financial Sector & InvestmentSEE LESS

Implemented In:

South Africa, Philippines, Zimbabwe and 10 MoreSEE ALL

South Africa, Philippines, Zimbabwe, Peru, Costa Rica, India, Indonesia, Kenya, Guatemala, Ecuador, Colombia, Mexico and EthiopiaSEE LESS

6,000,000
Lives Impacted to Date
1
Key Partner
13
Countries Implemented In
50
Customers
85
Employees
Verified Funding
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Problem

Roughly 2.5 billion people lack access to a full range of financial services.

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Solution

LenddoEFL’s credit scoring, verification and insights products allow financial institutions to serve more underserved people. We use AI and advanced analytics to bring together the best sources of digital and behavioral data so lenders in emerging markets can confidently serve underbanked people and small businesses.

Target Beneficiaries

underbanked people and small businesses in emerging markets

Mission and Vision

LenddoEFL’s mission is to provide 1 billion people access to powerful financial products at a lower cost, faster and more conveniently.

Competitive Advantage

1. Our data advantage. Our unique credit decisioning tools draw from diverse, large and unstructured data sources using deep learning, AI and advanced analytical techniques. We can mine psychometric, behavioral, social media, email, call detail records, transactional, mobile phone and other sources of data for an accurate understanding of creditworthiness.

2. Our tools are universally able to score anyone regardless of population, country, technology access or previous financial history. We help lenders assess credit risk no matter what their sales channel is and no matter what level of the economic pyramid people are at.

3. We have 10+ years of experience building models for emerging market lenders with dozens of off the shelf models. We have a global team of 80+ leading credit risk experts, data scientists, developers, analysts, business development professionals and more. We serve over 50 clients across 20+ emerging markets and growing.


Milestone

Feb 2018
Lives Impacted
6,000,000
Date Unknown
New Country Implemented In
South Africa
Date Unknown
New Country Implemented In
Ethiopia
Date Unknown
New Country Implemented In
Ecuador, Colombia and Mexico