Digital Technology to Increase Credit Access for MSMEs

How might we increase the inclusivity of scoring mechanisms of financial service providers without compromising accuracy and transparency and while defeating discrimination?

DIGITAL TECHNOLOGY TO INCREASE CREDIT ACCESS FOR MSMES | Pitch Event

The Final event of the Digital Technology to Increase Credit Access for MSMEs took place on August 3, 2020 and was done online.
Each of the 6 finalist teams pitched their solution for 15min, followed by a 15min Q&A by the ADB Jury members.
The selected team received a seed funding of USD 10,000 or more to pilot their selected solution in ADB’s developing member countries.
 
Congratulations again to our selected team and all finalists!

CONGRATULATIONS ALSO TO OUR OTHER FINALISTS

GreenArc Capital

India
 
An impact investment fintech extending credit lending facilities to vulnerable populations and MSMEs, fostering inclusive growth through sustainable debt investments that are driven by social factors.
 

Alfie

Malaysia
 
Using alternative data (smartphone metadata, social media, transaction data and geolocation) to provide deeper insights into a prospect's credit worthiness and perpetual credit monitoring.
 
 

MSME GrowthPro

India
 
The MSMEGowthPro offers credit assessment based on entrepreneurship ability & value chain relations and ensures end-to-end sustainable enterprise development solutions for the MSMEs and start-ups.
 
 

Analytiks

India
 
Combine Traditional and Alternative data points gathered from merchant behavior on digital channels and media to build complex risk models leveraging on the power of machine and deep learning.
 

DevResearch

Philippines
 
Facial Recognition + Document Capture credit scoring app for ADB.