Improved financial inclusion for at least 1 billion people around the world using CreditScoring and Social Verification based on non-traditional data.
Lenddo, world leader in social authentication and scoring technology, uses alternative data to provide credit scoring and verification to economically empower the emerging middle class around the world. They reinvent the consumer finance with life-changing services and give companies to the ability to create positive social impact. Lenddo has developed its patented technology based on 4 years of actual online lending experience that included the collection, analysis and processing of billions of data points. The Lenddo Data Science team, which includes multiple PhDs, use advanced machine learning techniques to build predictive algorithms.
The LenddoScore is being used by banks, lending institutions, utilities companies and credit card issuers to reduce risk, increase portfolio size, improve customer service and verify applicants. Their products enable clients to quickly reduce acquisition, operational costs and risk in their lending businesses.
Lenddo’s is enabling businesses to simply and securely evaluate both the character and identity of customers using alternative data in order to extend credit and deliver life-improving services. Lenddo was honored as a 2014 Technology Pioneer by the World Economic Forum.
Lenddo enables your company to simply and securely evaluate both the character and identity of customers using alternative data to achieve:
- Decision making in seconds, not days
- Expanded services to thin-file clients
- Reduced acquisition, operational costs and risk
- Improved Customer Satisfaction
Easy to integrate to any platform, they provide the feedbacks, data and analysis every business needs, and allow them to quickly and efficiently process applications, reduce processing time and applicant drop off and improve customer service.