A Lending Revolution for Smaller Lenders: MyCreditRobo
As of today, psychographic credit scoring is not only affordable for big banks, but for smaller lenders as well. Credit unions, P2P lending platforms, NextGen banks, FinTech start-ups and other lenders providing credit to consumers as well as SME’s can assess creditworthiness using psychographics.
Diederick van Thiel, CEO of AdviceRobo: “We fully support lenders applying new digital tools like psychographic credit scoring. Assessing creditworthiness making use of additional data and new technologies, is available and affordable for all lenders. This is a revolutionary step into the future for all lenders”. Read the full Press Release.
Strategic Partnership Abbrevia and AdviceRobo
Very happy to announce the strategic partnership between Abbrevia and AdviceRobo (in Italian). “We are proud that AdviceRobo has chosen us to start this new adventure in Italy”, says Cosimo Cordaro, CEO of Abbrevia.
Abbrevia is specialized in whether a debtor has the economic and financial capacity to settle the obligation. Therefore, Abbrevia evaluates consumers and businesses (8 November 2019).
Selected for Think Forward Initiative and The Next Web Growth Track
Thrilled to announce that AdviceRobo has been selected as 1 of the top 8 finalists for this year’s Think Forward Initiative and The Next Web Growth Track. Think Forward Initiative aims to empower people to make better financial choices because 42% of all EU households, approximately 215 million people, are not financially empowered and have difficulty to make ends meet (28 October 2019).
Shortlisted for Fintech Challenge Vietnam 2019
AdviceRobo has been shortlisted for Fintech Challenge Vietnam 2019. The Challenge aims to accelerate the FinTech revolution by inviting the world’s leading FinTechs to collaborate with ADB Ventures, the State Bank of Vietnam, and local Corporate Partners to pilot solutions that further digital banking transformation and financial inclusion in Vietnam (9 October 2019).
Selected to pitch – Nikkei’s FinSum 2019
Out of over 100 applications, AdviceRobo is selected to pitch psychographic credit scoring at Nikkei’s FinSum 2019 Sept. 3-6. Nikkei’s FinSum is the largest and most influential fintech summit in Japan (26 August 2019).
AdviceRobo at Mastercard Start Path Japan Selection day
Proud to be one of the only 5 companies selected by Mastercard in Japan to present their Alternative Credit Scoring solutions at the Mastercard Start Path Japan Selection day. “Being selected by Mastercard in Japan to showcase our Psychographic Credit Scoring solution is a clear evidence that the Japanese credit and consumer finance industry is eager to adopt innovative AI-based approaches to help acquire new customers while reducing default risks” says Diederick van Thiel, CEO of AdviceRobo in a reaction on the Mastercard press release (Japanese only, 15 August 2019).
Fintech AdviceRobo Launches CatRobo, a PSD2 Categorisation Robot
AdviceRobo offers lenders a brand-new PSD2 API for transactional data categorisation and default prediction per customer. CatRobo is Europe’s first pan-European API that helps bank to use transactional data for advanced credit decisioning. AdviceRobo CEO Diederick van Thiel says he is very proud with this new revolutionizing API. “It serves the need in credit risk management to get more grip on the quality of the customer base. Also, the close cooperation with KPMG in this makes me proud. It shows the power of our cooperation to create a more financially healthy world.”