Summary

ConfirmU is a B2B2C Singapore based startup that enables lenders to lend to New to credit people and/or MSME's who don't have credit history by providing them an alternative credit score based on a 3 minute psychometric game which embeds cultural and behavioral traits.

Description of fintech solution

Through an interaction of less than 2 minutes the lender/investor will know the risk profile of a borrower/investor based on the big5 model in psychology

Describe your key innovations

ML Algo that understands from gaming interactions the cultural nuances related with 'Intent to repay'

Solution Lifecycle

Commercialized

Founder's Background

Yatir - CEO & Founder has more than 25 years of experience in helping multi national corporates transform their business models and digital processes in North America,Europe and south east asia.

He had ventured confirmu from a tool to screen out potential tenants with no bank account to a game changing platform in the financial incusion space.

Founded (Years of Incorporation)

2017

How are you funded today?

Others

Money Raised

USD 1,450,000

Number of employees

<10

Presence In Region

America
ASEAN
Asia
Southeast Asia

Technology

Gamification
Machine Learning
Risk Assessment

HQ Country

Singapore

What are the top 3 key benefits your solution will bring to the Asset Management Industry?

Better decision making , scrutinizing potential users, upsell and cross sell

Tell us more about your past client engagements to date and your market penetration?

So far we have customers in India,Kenya,Cambodia,Azerbaijan, Mexico & Indonesia

Do you have any case studies of your solution? If yes, please share it in less than 200 words

We have 4 customer use case in India ,cambodia and kenya and are now in Latin America

Awards/Accolades

Winners of Tech in Asia startup competition