Managing new account acquisition and expansion with the risk of default, and the subsequent collection on those defaults is an ongoing challenge for fintech firms, especially in emerging markets.
LendBetter can help you:
No credit history, not a problem. LendBetter fills the gap with highly predictive features and risk scores based on high quality alternative data.
Our privacy compliant device, demographic, psychographic, and behavioral features provide a complete picture for credit assessment and default risk.
Compare customer inputs on KYC forms with our data, and enrich your internal data sources to improve your collections processes and recovery.
The LendBetter API is a REST API that provides a real-time call to our data. Input to the API is country and device ID, the API then returns json-encoded responses that have standard HTTP response codes.
Customer Set-Up: Customer requests API access, Mobilewalla will validate customer account, customer then sets up data ingestion using the API client token and related documentation
Request API Endpoint: The customer applications calls the required dataset endpoint and passes the country, device IDs and client token
Receive Response: Receive the data fields as a response for the device IDs available in the Mobilewalla database