Argentinia is currently in Ramp-Up phase. This includes: Legal setup, algorithm adjustment, partner sourcing and local recruiting. Will come soon! Check back in some weeks.
Kreditech uses BIG DATA to make faster, better and more sustainable credit decisions.
Independently from existing credit databases, which do not exist in most parts of the world, Kreditech makes scoring decisions for unsecured online loans based on 8000 data points withing seconds.
Kreditech empowers real-time credit in developing markets by underwriting unsecured online loans at drastically lower default rates. The technology is built for providing innovative financial B2C products as well as a global "BIG DATA Scoring as a Service"APi in the future.
SOLUTION: BIG DATA
Kreditech works liks a big mosaic - Any online data that can be found about an individual will be used for fraud detection, identification, scoring. A decision /payout is made within seconds 100% automatically - no manual actions occure in the workflow. This generates customer value as unbanked individuals with no credit bureau history can get credit in 10min conveniently. Variable cost is 0 at unlimited scale thanks to fully automatized processes.8000
PER APPLICATION MAX.
Kreditech builds a broad database and country independent learnings by aggressively expanding 100% automatized short-term microloans in emerging markets with little to no credit bureau data availability. The short duration of <45 days allows to iterate statistical models very dynamically.8 sec
TIME PER APPLICATION
MONEY IS ON BANK ACCOUNT
AVERAGE LOAN SIZEZertifikato.com Kredito24.pl Kredito24.cz Zaimo.ru Kredito24.es Kredito24.mx Kredito24.kz Kredito24.com.au Kredito24.ua Kredito24.ar Kredito24.pe
We take online lending to a new level.
Imagine you apply in Moscow via smartphone, facebook or ipad, get an instant decision and can take out the cash 6min later out of an ATM as a new customer. No stupid questions, funny docs or scanned stuff required.
This is possible because we analyze many thousand data points in a way nobody has done before.
PROCESSED APPLICATION DATA>85 %
CUSTOMERS GET REJECTED100 %
MORE SUSTAINABLE LENDING
...are nothign without a great team of financial backers. Because starting from pole and being overtaken by someone with a faster car is no fun. So we got some fuel. Lots of fuel. In fact, it's not only fuel but every single investor adds a strategic benefit to setting a new global standard in scoring / microlending.>125 %
ROI p.a.>65 %
MONTHLY GROWTH<13 %
DEFAULTSStefan Glaenzer Michael Brehm Young Brains Felix Haas Point9 Capital GreyCorp Heiko Hubertz Blumberg Capital Samwer Brothers / Global Founders Capital