Creditinfo launches scorecard solution for SMEs

Monday 26 July 2021 11:42 CET | News

Creditinfo, a credit information and decision analytics provider, has launched a scorecard solution tailored for small to medium-sized enterprises (SMEs).

According to Fintech Finance & News, through its approach to data and algorithms, this scorecard will help financial institutions improve their credit assessment and facilitate financing to the SME market.

The modelling approach Creditinfo have developed reduces, and in some cases eliminates, the human effort needed to assess customers’ risk profile based on credit data.

The company will first launch the SME scorecard in Kenya, ahead of a wider rollout across countries in Africa, and ther key economies across the globe.

More: Link

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: product launch, SMEs, data
Categories: Banking & Fintech | Payments General
Countries: Kenya
This article is part of category

Banking & Fintech