2 fintechs tie up to offer AI-driven credit scoring
Singapore-based CredoLab and GoBear eyeing more than 110m underbanked people in S-E Asia markets such as Thailand, Indonesia and Vietnam
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TWO Singapore-based fintechs have teamed up to extend their reach into the underbanked market in South-east Asia by using data-driven forms of credit scoring.
Alternative credit scoring provider CredoLab on Wednesday said it has partnered personal finance comparison website GoBear to launch smartphone Easy Apply, in Indonesia, the Philippines, Thailand and Vietnam, that allows banks, financial institutions and lenders to extend credit using artificial intelligence.
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