MILESTONES

 FinScore, the leading alternative credit scoring provider in the Philippines, is excited to announce its highest services utilization – reaching a five-digit count in its daily total telco scores delivered. The rise was driven by the growing credit score pulls volume from FinScore’s existing major clients as well as contributions from newly onboarded clients and partners.

FinScore was recently awarded as Fintech Start-up of the Year – Philippines by The Asset Triple A Digital Awards for its continued efforts in uplifting financial inclusion in the Philippines through alternative credit scoring. FinScore has been awarded in the same category in 2020 and 2021, making the alternative credit scoring company a 3-peat winner.

ADVANCE.AI, a leading AI company specialising in digital identity verification, risk management and process automation, has signed a strategic data partnership with FinScore to help boost financial inclusion and access to the unbanked and underbanked customers in the Philippines and wider Southeast Asia (SEA). The partnership will strengthen the robustness of ADVANCE.AI’s credit profiling and risk management capabilities through FinScore’s digital solutions, namely Telco Data Credit Scoring and Fraud Prevention Solutions.

Philippines-based alternative credit scoring company FinScore has become the first company to determine the creditworthiness of 100% of mobile subscribers in the country— the highest market reach in the Philippine alternative credit scoring market.

BlockchainSpace and FinScore to bring automated alternative credit scoring and loan systems to guilds and players.

As a leading provider of Telco Data Credit Scores in the Philippines, the Mobile number portability (MNP) service will enhance the performance of our services. FinScore is now able to provide a “Portability Flag” that indicates whether the mobile number has been ported-in or ported out. The service is being rolled out in stages to the existing FinScore clients within the first half of 2022, as part of the monthly subscription packages. 

FinScore has been awarded by the Monetary Authority of Singapore (MAS) and the Singapore FinTech Association (SFA) as the 2nd prize winner – Global Category for its ‘Alternative Credit Evaluation (A.C.E) Portal’ solution in the SFF Global FinTech Awards 2021, the highest accolade for FinTech innovation.

As a 2nd place winner among 49 finalists, FinScore will be taking home S$100,000 in prize money.

FinScore is one of the 8 recipients of the Circle of Excellence Trophy under the Straive Technology of the Year Category in the 12th Asia CEO Awards 2021

FinScore, the Philippines-based alternative credit scoring provider, has partnered with Welcome Bank (Rural Bank) Inc., one of the Philippine subsidiaries of Korea’s Welcome Financial Group. Welcome Financial Group currently operates the fourth-largest savings bank in assets and 12 other subsidiaries in various financial sectors in Korea.

FinScore is awarded as the Best Fintech Start-up for Credit Scoring in the Philippines by Global Brands Magazine. The Global Brands Awards was established with the aim of honoring excellence in performance and rewarding companies across different sectors.

To serve many Filipinos who lack a financial history, consumer lending company SB Finance has partnered with FinScore to enhance its credit scoring efforts using alternative data.

Equipped with FinScore’s digital credit scoring solution, Unistar will be enabled to address the ever-changing economic landscape of the country, but also provide a more bespoke service to the hyper-segmented population.

The partnership aims to establish a channel for banks and financial institutions in emerging markets such as Malaysia, Vietnam, Singapore, Indonesia, and Thailand to integrate and activate the capabilities of alternative data credit scoring by FinScore.

Tonik, the first neobank in the Philippines operating under its own bank license by the Bangko Sentral ng Pilipinas (BSP) strikes a partnership with FinScore, the Philippines-based Alternative Credit Scoring company. The two fintech startups are on a mission to revolutionize the way Filipinos access loans for various purposes.

Provenir partners with FinScore, an alternative credit scoring company that is powered by telco data and advanced analytics, to accelerate and streamline access to decisioning data in the Philippines.

FinScore and GROVER have successfully sealed a partnership united by their mission to help financial institutions reduce high default rates and prevent fraudulent activity, while simultaneously bridging the financial inclusion gap for individuals in the country.

The power of Telco Data will enable Kviku Lending Co. Inc. to score and provide financial products to the once untapped underbanked and unbanked adult population in the Philippines.

We are carrying on our mission by partnering with APIX! Our alternative data credit scoring API is now accessible in the world’s first cross-border, open architecture API marketplace and sandbox platform for collaboration between FinTechs and financial institutions.

As a result of this partnership, GDS Link Asia Philippines’s clients can use an out-of-the-box integration that will enhance the credit scoring decisioning process and fraud detection.

With the partnership, FinScore will provide credit scoring for City Savings Banks’ motorcycle loan applicants. The bespoke model is based on over 400 telco variables such as top-up patterns, voice and mobile data usage, duration of calls, SIM card age, and many more

FinScore’s highly predictive telco scoring power and ability to retrieve a credit score in less than a second was successfully demonstrated in their Proof of Concept (POC) stage. The POC stage proved to add value to Online Loans Pilipinas’ credit risk management which sparked the credit scoring partnership.

With FinScore’s highly predictive machine learning technology, MoneyCat can increase their opportunity to approve loans up to PHP 20,000 for the banked applicants. The customers can apply for loans online, after providing ID document, bank account, and phone number.  

To make their financial services available to the underserved segments and decrease loan defaults in customers who live in CALABARZON (Batangas, Cavite, Laguna, Quezon) as well as the whole Mindoro island, Zurich Finance Corporation employs FinScore’s credit scoring and fraud flagging services.

FinScore and UnionBank are united by their commitment of harnessing technology to more quickly drive financial inclusion in the country. The partnership will enhance UnionBank’s credit decisions in several key products, including, but not limited to credit cards, quick loans, salary loans, POS loans, as well as enabling access to digital-first credit scoring solutions to its fully-owned subsidiaries.

TendoPay, one of the leading installment payment platforms for e-commerce customers in the Philippines, partners with FinScore as their alternative data analytics partner for credit scoring and fraud flagging.