Kreditech uses BIG DATA and complex machine-learning algorithms to make better credit decisions. The technology identifies, scores individuals from anywhere on the world in seconds and decides over an instantly paid out credit bas...
See More ed on up to 8000 data points (anything that can be found online). Kreditech uses this technology to provide banking products to customers in emerging markets where traditional banks lack oldschool scoring data and thus do not serve private customers. On the other hand, modular products (identification, scoring products, payment options) are available for external B2B customers (e.g. microlenders, banks, retailers, debt collectors).
Founded: February 01, 2012