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15% lower rejection rates

Gain deeper insights into customer creditworthiness and make faster, smarter underwriting decisions with our small business data.
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Get Enhanced Underwriting Services with PowerCred’s Data

Our robust finance automation solution streamlines the loan processing identity verification process, ensuring that only creditworthy applicants are approved.

Leveraging digital identity verification enables lenders to accurately assess the financial identity and onboarding of borrowers, facilitating precise evaluation of their creditworthiness. This approach not only enhances the efficiency of your lending services but also fosters trust and confidence in your underwriting decisions.

Boosting the Client’s Approval Rates by 40%

70%

increase in
processing capacity

50%

reduction in fraud-related losses

60%

reduction in identity verification processing time
A leading Indonesian consumer finance company faced significant challenges in their lending processes, including delays from manual identity verification, inadequate credit assessment methods, high fraud risk, and limited capacity to meet growing demand. 

In partnership with PowerCred, the client implemented AI-based identity verification, advanced credit assessment algorithms, and advanced fraud detection systems. This enabled more precise risk pricing, contributing to sustainable and profitable lending practices. On top of that, the client enjoyed more streamlined user experience, which resulted in improved customer retention and positive feedback.

How Our Plug-and-Play Solution Can Work For You

Reduce Rejection Rates by 15%

Approve previously rejected customers and reduce rejection rates by up to 15% using our enhanced data.

Reduce NPAs and Fraud by 40%

Utilise real-time, authenticated data from 20+ categories like banking, e-wallets, and e-commerce to reduce NPAs and fraud risk by almost half.

Enhance Your Underwriting Process

Strengthen your risk assessment with ethically sourced, consented customer data and intelligence.

Build a Comprehensive Customer Profile

Use our APIs to access real-time, consented customer data and create comprehensive profiles for faster underwriting decisions.

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We help you do what you do best

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“PowerCred and Akselaran 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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“Our partnership is focused on creating a more comprehensive borrower profile, leveraging PowerCred’s expertise in data intelligence to optimize our lending operations. This collaboration ensures greater efficiency and accuracy in our lending processes, ultimately enhancing the overall borrower experience.”

Gandeng Tangan

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“Partnering with PowerCred  has helped us optimize our  operational processes, and helped enable a more efficient and robust customer acquisition process. We look forward to working closely with PowerCred to solidify our mission”

OTO

“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, Co-Founder of Findicate

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PowerCred revolutionizes lending with advanced data solutions, providing lenders robust tools for identity checks, credit assessments, and fraud defence, seamlessly integrating validated structured data for precise analysis and decision-making.

Main Pages

Address

160 Robinson Rd, #03-12 SBF Center, Singapore 068914

Phone Number

Shrinivas Deshmukh (CTO):
+65 96549572