{"id":13210,"date":"2022-11-03T00:24:00","date_gmt":"2022-11-03T00:24:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/3922549_AE22549_0"},"modified":"2022-11-03T00:24:00","modified_gmt":"2022-11-03T00:24:00","slug":"mobilewalla-launches-lendbetter-improving-financial-inclusion-in-emerging-markets","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=13210","title":{"rendered":"Mobilewalla Launches LendBetter, Improving Financial Inclusion in Emerging Markets"},"content":{"rendered":"<div><img decoding=\"async\" src=\"https:\/\/en.prnasia.com\/prnasia.com-PC\/images\/logo-en-blue-in.png\" class=\"ff-og-image-inserted\"><\/div>\n<p><b>LendBetter is an Innovative Solution Helping Fintechs Maximize Loan Approval at Lower Default Risk<\/b><\/p>\n<p><span class=\"legendSpanClass\"><span class=\"xn-location\">SINGAPORE<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Nov. 3, 2022<\/span><\/span> \/PRNewswire\/ &#8212;&nbsp;Mobilewalla, a global leader in consumer intelligence solutions, is pleased to announce the launch of its newest offering for digital lenders, LendBetter, at the Singapore Fintech Festival 2022.&nbsp;<\/p>\n<p>Leveraging the industry&#8217;s&nbsp;most comprehensive repository of global consumer information, LendBetter is uniquely positioned to provide&nbsp;digital lenders&nbsp;with high-quality, AI driven&nbsp;predictive data and features&nbsp;at scale, helping them improve their credit assessment and customer acquisition process. LendBetter also offers financial institutions easy to integrate risk scores&nbsp;powered by&nbsp;sophisticated machine learning, which are highly predictive of credit<s>&#8211;<\/s>worthiness for new-to-credit&nbsp;borrowers. This enables digital lenders to extend loans to&nbsp;thin-file consumers,&nbsp;significantly increasing access-to-credit and positively impacting financial inclusion in emerging markets.&nbsp;<\/p>\n<p>Working closely with various financial technology companies in&nbsp;Southeast and <span class=\"xn-location\">South Asia<\/span> during the past year, LendBetter has generated positive outcomes for these early customers improving acquisition quality with the usage of AI driven features as part of the credit assessment process.<\/p>\n<p>&#8220;LendBetter&#8217;s deep insights into consumer behaviour have helped us improve our quality of acquisition by reducing fraud, allowing us extend credit with more confidence&#8221; said, <span class=\"xn-person\">Paramananda Setyawan<\/span>, Chief Data Office with FinAccel, a leading financial technology company focused on reinventing financial services in <span class=\"xn-location\">Southeast Asia<\/span>. &#8220;Our partnership with Mobilewalla complements our growth ambitions. We are very pleased to work with them to help more people get easier access to credit.&#8221;<\/p>\n<p>&#8220;With our industry first offering LendBetter, Mobilewalla is excited to work with digital lenders across emerging markets to enable financial inclusion for the new-to-credit&#8221; said <span class=\"xn-person\">Anindya Datta<\/span>, CEO and Founder of Mobilewalla. &#8220;Lendbetter provides access to AI driven, privacy compliant consumer data at scale, enabling them to approve more credit at a reduced default risk. Our partners find our future-proof features and scores to be highly predictive of consumer behavior, and easily integrable for a variety of use cases spanning customer acquisition, risk management, and fraud prevention.&#8221;&nbsp;<\/p>\n<p>Financial technology companies interested in exploring the value of LendBetter can download a sample data set and request for live API test at&nbsp;<u><a href=\"https:\/\/nam10.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fwww.mobilewalla.com%2Fapi-request&amp;data=05%7C01%7Claurie%40mobilewalla.com%7Cb4419293b56744ae9ee108dab2913c8f%7Cfebc3b2356fe4a569bc4d5ab6468d6b4%7C0%7C0%7C638018634106507137%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&amp;sdata=oLPZTThZugPjX7%2BpYBEo7nLb9Y5WIrcYL0ThXKTrSM8%3D&amp;reserved=0\" target=\"_blank\" rel=\"nofollow noopener\">https:\/\/www.mobilewalla.com\/api-request<\/a><\/u>.<\/p>\n<p><b>About Mobilewalla<\/b><\/p>\n<p>Mobilewalla is a leader in consumer intelligence solutions, combining the industry&#8217;s most robust data set with deep artificial intelligence expertise to help organizations better understand, model and predict consumer behavior.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LendBetter is an Innovative Solution Helping Fintechs Maximize Loan Approval at Lower Default Risk SINGAPORE, Nov. 3, 2022 \/PRNewswire\/ &#8212;&nbsp;Mobilewalla, a global leader in consumer intelligence solutions, is pleased to announce the launch of its newest offering for digital lenders, LendBetter, at the Singapore Fintech Festival 2022.&nbsp; Leveraging the industry&#8217;s&nbsp;most comprehensive repository of global consumer [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-13210","post","type-post","status-publish","format-standard","hentry","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - 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