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Credit access for individuals

Several peer-to-peer (P2P) and marketplace lending platforms have emerged that match middle class and wealthier savers / financial institutions with small businesses and households looking for credit. New credit-scoring models access user data to help assess their creditworthiness.

Mosaic

Mosaic makes financing solar energy systems accessible and affordable for homeowners.  Customers are connected to top solar installers and can qualify for no money down loans with fixed interest rates and multiple term options. For solar installers, Mosaic provides a streamlined financing platform to drive sales growth.

Kreditech

Kreditech specializes in micro and installment loans abroad. Combining non-traditional data sources and machine learning, the company aims to provide access to better credit and a higher convenience for digital banking services.

Cignifi

Cignifi has the platform to deliver credit and marketing scores for consumers using mobile phone behavior. The Cignifi platform qualifies millions of underserved consumers who lack traditional credit histories, and provide access to credit to these same consumers.

Upstart

Upstart is a lending platform that leverages artificial intelligence and machine learning to price credit and automate the borrowing process. Upstart provides technology to banks, credit unions and other partners.

 

WeLab

Based in Hong Kong, WeLab’s goal is to create seamless mobile lending experiences. With its proprietary risk management technology, WeLab effectively analyzes unstructured mobile big data within seconds to make credit decisions for individual borrowers.

Upgrade

Upgrade is a consumer credit platform that combines access to affordable credit with credit monitoring and education tools to help consumers understand their credit and unlock their credit potential.

Zopa

Zopa is a UK company that directly matches people looking for a low rate loan with investors looking for a higher rate of return. This lower’s Zopa’s overheads and allows the company to pass on the rewards on to the customers. A number of financial institutions also invest through the Zopa platform.

Shubham

Shubham provides housing finance solutions to those with informal incomes. The company accomplishes this by taking a holistic view of the customers and extensively engaging them in a discussion about their life story.

Nubank

Nubank is a Brazilian credit card, leading the digital finance in Brazil. The company is building some of the highest-performing engineering, decision sciences and design teams in the world to redefine the standard in financial services in Brazil.