Experian Partners With Lenddo to use its Solution in Financial Inclusion efforts
SINGAPORE, February 2017 — Experian, the leader in global information services, will partner with Lenddo, a leader in non-traditional data solutions, as part of Experian’s Consumer Financial Inclusion Indexing platform in Indonesia and Vietnam.
Using Experian’s global expertise and knowledge, the introduction of Lenddo’s technology into Experian’s platform will provide financial firms with more information to offer appropriate financial services. Consumers who are unbanked or underserved by major financial institutions will gain access to a gamut of financial services including remittances, savings, credit and wealth management services.
Southeast Asia is poised to remain one of the fastest groups of economies in the world , with an unbanked population of about 438 million people. With the wealth of alternative data and innovative technology available, financial access for the unbanked has seen a rapid rise and many opportunities created to serve this new and underserved market.
Commenting on the partnership, Nick Boyle, Managing Director for Southeast Asia and Emerging Markets at Experian said, “We are committed to enabling financial inclusion in Southeast Asia. The partnership with Lenddo further enhances Experian’s global expertise with local knowledge to reach the unbanked population in the region. Our aim is to work together to provide emerging markets access to financial services that would positively impact their lives, and for financial institutions to better tailor their products for this market segment.”
Richard Eldridge, CEO of Lenddo, added, “We are pleased to partner with Experian to further expand financial inclusion, allowing millions of people access to life improving financial services.”
Read full article
Singapore, 28 December, 2016 — Internet-connected devices were among the top holiday sales this year. Around the world more and more people are using devices like virtual assistants (such as…Learn more
SINGAPORE, November 2016 — Experian, the leader in global information services, has announced the appointment of Nick Boyle as its Managing Director of Southeast Asia (SEA) and Emerging Markets. Under…Learn more
SINGAPORE, August 30th, 2016 — Experian, the leader in global information services, today announced The Digital Consumer View 2016 (Asia) report, with research and analysis by International Data Corporation (IDC),…Learn more