LendBetter: Maximize Loan Approvals, Optimize Default Risk

Enabling Financial Inclusion for the New-to-Credit

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:

Maximize loan approvals
Acquire more thin-file customers
Reduce default rates

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Key Use Cases for Emerging Market Fintechs

When predicting consumer behavior, having as much information as possible is crucial. Understanding the finer details of your consumer can make the difference when acquiring new customers. Through our Covariate real-time API, you will have access to the data you need to help maximise loan approvals, manage default risk, and grow revenue.

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Maximize Loan Approvals

No credit history, not a problem. LendBetter fills the gap with highly predictive features and risk scores based on high quality alternative data.

Understand and Manage Default Risk

Our privacy compliant device, demographic, psychographic, and behavioral features provide a complete picture for credit assessment and default risk.

Reduce risk of fraud and boost collections

Compare customer inputs on KYC forms with our data, and enrich your internal data sources to improve your collections processes and recovery.

Frequently Asked Questions about LendBetter

Here are some common questions on LendBetter that we get from operators in the Fintech ecosystem.

Who is LendBetter designed for?

Mobilewalla LendBetter is designed for digital lenders, BNPL apps, micro-finance platforms, digital banks, and consumer credit companies operating in emerging markets like India, Southeast Asia, and MENA.

What problems does LendBetter solve?

Mobilewalla LendBetter helps lenders identify creditworthy customers with limited credit history, reduce default risk, and prevent fraud using 200+ predictive features derived from mobile device intelligence and geo-spatial mappings.

What data sources does LendBetter use?

LendBetter uses device-level metadata, app usage, location-derived insights, SMS-derived financial signals (with SDK), amongst others, always in a privacy-compliant way.

Does LendBetter collect personal data?

No. LendBetter operates on pseudonymized device identifiers (MAIDs) and does not access personal messages, photos, or contacts.

Is LendBetter privacy-compliant?

Yes. Mobilewalla LendBetter strictly complies with regional regulations such as GDPR, DPDP (India), and PDPA (SEA).

Does LendBetter store user data?

Only anonymized features used for model improvement are stored; no personally identifiable information or raw SMS content (if using the SDK) is retained.

What is an “Alternative Credit Score”?

An alternative credit score is a predictive score built using behavioural and device-risk indicators that estimate repayment likelihood and default probability for thin-file and new-to-credit (NTC) borrowers. Mobilewalla LendBetter provides this for digital lenders operating in emerging markets of India, APAC, MENA, and LATAM.

How can LendBetter be used to detect fraud?

Mobilewalla LendBetter includes a set of predictive features can help identify fraud patterns like identity mismatches, and high-frequency loan application behaviour.

Can I use only the fraud features without credit scoring?

Yes. The Mobilewalla LendBetter platform is modular, you can integrate only risk, only fraud, or both.

How does Mobilewalla LendBetter help with customer acquisition and with reducing CAC?

LendBetter reduces acquisition costs by helping digital lenders target high-quality, high intent audiences to identify likely good borrowers before acquisition. This means more of your marketing spend goes into users who are more likely to convert. Our predictive features such as device stability, app affinity, help in identifying a more targeted set for your campaigns.

How does LendBetter integrate with my internal systems?

LendBetter integrates via the Mobilewalla REST API called Covariate, with an option of adding a lightweight SDK (used for optional SMS parsing). Integration typically takes 2–6 weeks.

Do we offer POCs or pilots for LendBetter?

Yes, a POC is arranged for prospective customers and is a part of the consideration process. Typically, we ask prospective customers to use our data samples, which we provide for their customer set (list of MAIDs). We can also expand to in-production pilots post POC (mutually agreed upon scope and pricing) and deeper partnership on the data-science side if labelled data (repayment data) is shared with us.

Which countries does Mobilewalla LendBetter support?

Mobilewalla LendBetter supports India, Indonesia, Philippines, Vietnam, Thailand, Malaysia, UAE, Saudi Arabia, Mexico, and other emerging credit ecosystems.

The Covariate API

The Covariate API is a REST API that provides a real-time call to the LendBetter data. Input to the API is country and device ID, the API then returns json-encoded responses that have standard HTTP response codes.

Covariate API Process

Customer Set-Up: Customer requests Covariate 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

Quality, Validated Fintech Data

We maintain the most comprehensive data repository in the industry:

2.2 billion unique mobile devices in over 40 different countries, generating 50B+ signals daily
Collected from the ad tech ecosystem, third-party data providers, app publishers, and other anonymized sources
Cleansed and maintained with a combination of deterministic, artificial intelligence, and machine learning techniques

Mobilewalla’s accurate, high-quality, privacy compliant data provides the ideal inputs for creating profiles, performing data analysis, training predictive models, and more.