Increase approval rates and reduce defaults
CredoSDK for Android and iOS. CredoWeb for the website
Increase the amount of information on millions of potential clients with low credit bureau data presence to reduce defaults and increase approval rates.
Embedded CredoSDK into the BNPLs app for Android and iOS and CredoWeb into the website
The objective was to increase approval rates and reduce defaults. With the help of our CredoSDK, the BNPL achieved the goal and developed a model with a GINI of 0.25 (standalone) with a lift of 0.15 in an integrated model. The total increase in results was up to 37.5% which helped our client to continue their path towards profitable growth.
Developed a model with a GINI of 0.25 (standalone) with a lift of 0.15 in an integrated model, which was a 37.5% increase.
Decrease of the bad rate by 35.14%
Increased by 38.1%