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Credolab

Credolab

🇳🇱 Netherlands
credolab.com
Identity & KYCLending
About

Credit decisions in markets without comprehensive credit bureau coverage have always been hard. The traditional underwriting model relies on credit history, income verification, and identity documents that significant portions of the global population either don't have or can't easily produce. Credolab was founded in 2016 with operations across Asia and Europe to address that gap with an unconventional data source — smartphone metadata. Its platform analyses behavioural patterns from a mobile device — without accessing personal content — to generate credit scores for consumers who have no traditional credit history. The data points are surprisingly predictive: how someone manages their phone storage, the pattern of their app usage, the regularity of their device behaviour all correlate with credit risk in ways that traditional underwriting misses. Credolab serves lenders, telcos, and digital platforms across emerging markets where credit bureau coverage is thin and the demand for digital credit is growing rapidly. In the alternative credit data landscape, where companies are competing to find the data sources that will define the next generation of underwriting, Credolab's behavioural smartphone approach is one of the more distinctive — and one that addresses a genuinely large unmet need in markets where billions of people remain credit-invisible to traditional financial systems.

Categories
Identity & KYCLendingIdentity orchestrationRisk monitoringCredit scoring
Services
onboarding APIsrisk scoringcredit scoringidentity verification
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Quick facts
Founded2016
FoundersPeter Barcak|Michele Tucci
Employees50-200
Business modelB2B
Target customersFinancial institutionsDevelopers
Geographic focusWestern Europe
Last updatedUpdated 14 days ago