Credit Assessment

Make smarter and quicker underwriting decisions with our small business data and intelligence that will help you gain a deeper understanding of your customer and their creditworthiness.

15%

Reduction in rejection rates with enhanced underwriting using our data

WHAT WE OFFER

A Plug-and-Play Solution for Smarter Underwriting

Here’s how PowerCred can help you make smarter underwriting decisions

Reduce rejection rates by 15%

Approve previously rejected customers using our data to enhance your underwriting process and reduce rejection rates by up to 15%.

Reduce NPAs and fraud by 40%

Leverage real-time, authenticated data from 20+ data categories such as banking, e-wallets, e-commerce, accounting and more to enhance your risk assessment and underwriting process to reduce NPAs and the risk of fraud by 40%.

Enhance your underwriting process with our data

Leverage ethically sourced, consented customer data plus intelligence on top of the retrieved data to strengthen your risk team’s existing underwriting process or model.

Build a comprehensive customer profile

Access real-time, consented data of your customers using our APIs to create a comprehensive customer profile for making quicker underwriting decisions.

OUR SERVICES

Enhance Credit Assessment with

Stronger Insights from Bank Statements

Our robust bank statement analysis helps lenders analyze data from bank statements faster and also provides insights into potential transaction fraud.

Insights to Build Customer Profiles

Gain a deeper understanding of your customer’s sales and inventory profile with access to your customer’s e-commerce, accounting and banking data.

Reconciliation-based Authentication

Triangulate data across connected alternative data partners to flag potentially fraudulent transactions and to ensure the authenticity of banking data.

Early Warning Signs & Health Checks

Identify a shift in your customer’s business performance with our threshold-based alerts or early warning signs and with periodic health checks for smarter underwriting while minimising the risk of default.

Enhance Underwriting to Improve Approval Rates by up to 15%

PowerCred Blog

Read our latest product news, insights and media coverage

Key Challenges in Assessing Small Business Credit Risk

Small and medium enterprises have been transforming digitally and growing…

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How does Accounting Data help make Smarter Credit Decisions?

Small businesses have been transforming digitally and increasing their use…

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E-wallet Data for Smarter Lending & Loan Collections

E-wallets, also known as digital wallets, store some personal as…

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I have huge respect for PowerCred that’s helping build an ecosystem to help financial service providers empower women entrepreneurs in Southeast Asia.

Amrita Vir on PowerTalks by PowerCred
 - Co-founder

Findicate

PowerCred and Akseleran are working hard to explore alternate data that is accessible, useful, while also complying with current industry regulations. We are excited and looking forward to the journey ahead.

Faizal Purwanto
 - Chief Risk Officer

Akseleran

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