CredoLab & GoBear: Announced the launch of Easy Apply

0
323
credolab-gobear-announced-the-launch-of-easy-apply

CredoLab & GoBear: Announced the launch of Easy Apply

  • A smartphone app that enables banks, financial institutions and lenders to extend credit to a larger pool of customers while keeping risks in check
  • Partnership signifies an important headway in making financial services accessible to more than 110M underbanked people in emerging Southeast Asian (SEA) markets
  • The Easy Apply app will be launched across four of the largest underbanked markets in SEA – Indonesia, Philippines, Thailand and Vietnam of whom many are creditworthy consumers are without access to credit
  • The app will utilise CredoLab’s AI based proprietary algorithms that extract and analyse over tens of thousands of data points from applicants’ smartphones
  • The Easy Apply app will be an integrated part of GoBear’s user journey and It begins with GoBear’s Easy Choices feature, which helps applicants understand which set of products better suit their profile
  • Singapore-based CredoLab works with more than 40 lenders in 12 markets across southeast Asia, China, Africa, and Latin America