PowerCred

Universal APIs for real-time small business data

[PowerCred @power_cred]

🌟 Happy Easter!

May the Easter bunny bring you abundant joy and love. We hope you have a fun-filled celebration with your loved ones.

#Easter2023 #easterbunny #easter #weekendmood #weekendvibes
#EasterWeekend

[PowerCred @power_cred]

(Continued...)

Source: Economy South East Asia Report of 2022 by OJK

#indonesianews #fintechnews #Insights #FinancialInclusion #smallbusinesses #financialservices #lending #fintech #SaaS #startups

[PowerCred @power_cred]

Did you know?
🌏#Indonesia accounts for about 40% or 77 bn USD of SEA's total digital economic transaction value, as per OJK.

📈The value of these transactions in 2022 grew 22% compared to 2021, making the country a significant #digitaleconomy player in #ASEAN.

(a thread...)

[PowerCred @power_cred]

⭐ Fintechs such as PowerCred are helping financial service providers improve access to #credit for small businesses by leveraging their #data to understand them better.

To know how our solution helps financial service providers, get in touch- https://t.co/Y02KrCMDz7

#fintech

[PowerCred @power_cred]

Underwrite #ecommerce merchants at speed and with more confidence with ethically-sourced, real-time, consented #data from e-commerce platforms.
To get started, book a demo with us- https://t.co/omS8CuLChy

#ecommerce #loans #lenders #financialservices #fintech #RiskManagement

[PowerCred @power_cred]

✨ Ramadhan Mubarak ✨

We hope this month brings you happiness, prosperity and peace as you celebrate with your loved ones.

#ramadhan2023 #Ramadan #RamadanKareem #Ramadan1444 #Ramazan #RamadanMubarak #Ramazan2023 #FastingMonth

[PowerCred @power_cred]

🌏As per a report by McKinsey, if #women in #SoutheastAsia could fully participate in the #economy, the region's #GDP could increase by $700 billion.
For more #insights from our latest episode of PowerTalks by PowerCred, read on- https://t.co/fTHz9BrvbO

#financialservices #data

[PowerCred @power_cred]

If you are a financial service provider looking to make more informed #lending decisions leveraging your customer’s telco data, speak to our team to know more- https://t.co/wWpAKv5Xq5

#fintech #financialservices #loans #Lending #FinancialInclusion #Banking

[PowerCred @power_cred]

📶📱Your customer's #telco #data can help you make smarter #lending decisions.
Here's how...
❗Fraud prevention- Detect #fraud by verifying the customer’s information and identifying any suspicious activity from their call patterns, #location data, frequent change in number etc.

[PowerCred @power_cred]

✅ eKYC- Verify a customer’s #identity using information such as address from location data, #socialidentity data and the number being used.
💰Collection optimisation- Optimize your #collections #strategy with #insights into your customer’s behaviour, usage patterns and location.

[PowerCred @power_cred]

The e-wallet #data of your borrower can help you gain #insights for making smarter #lending decisions.

To understand each of these use cases in detail, speak to our team.
Get in touch- https://t.co/pvQdvAc0LI

#ewallets #underwriting #loans #FinancialInclusion #fintech #finance

[PowerCred @power_cred]

To know more about how we do it, get in touch with our team- https://t.co/pvQdvAc0LI

Source: The Financial Brand

#tuesday #lending #BusinessLoan #financialservices #smallbusinesses #financing #loans

[PowerCred @power_cred]

Traditional financial institutions have the advantages of:
1. Trust
2. #Brand
3. Cost of capital.
But to succeed in a changed #business #lending market, there is a need to improve the #customerexperience as well as the process.

(Continued...)

#financialservices #loans #lending

[PowerCred @power_cred]

Automating your #loan process is a part of the job. The goal should be a great experience for business #borrowers from the application on.
#PowerCred helps lenders leverage #realtime, ethically-sourced borrower #data to enhance the lending process and borrower experience (...)

[PowerCred @power_cred]

Wishing everyone peace and prosperity in abundance on the holy occasion of the ascension of Prophet Muhammad.
✨ Have a blessed and happy Isra and Mi'raj Day!

#isramiraj #Indonesia #Prophet #Islam

[PowerCred @power_cred]

What is eKYC?
#DigitalTransformation resulted in financial service providers digitizing their operations, including the #customer #onboarding process. #eKYC is a product of such #digitisation.
To know more about how eKYC with PowerCred works, get in touch- https://t.co/pvQdvAcyBg

[PowerCred @power_cred]

#Indonesia's President Jokowi urged the #banking industry to not neglect the funding for #MSMEs amid the high #lending and net interest margins of #banks.
He added that these MSMEs contribute significantly to Indonesia's #GDP #growth and employment levels.
https://t.co/ARRwg8D8Vv

[PowerCred @power_cred]

#PowerCred helps financial service providers gain seamless access to accounting #data of their #smallbusiness customers for faster and smarter decision-making.
To know how it works, speak to us: https://t.co/EaV3JqmQnU.
Read our blog: https://t.co/azhnspwpBX
#financialservices

[PowerCred @power_cred]

🤔How does the #accounting data of small businesses help financial service providers to make smarter #credit decisions?
🔸Gain an overview of the health of the #business
🔸Understand the #cashflow of the business
🔸Identify #data discrepancies to flag fraudulent entries
...

[PowerCred @power_cred]

🔸Gain #insights into the #repayment capacity and #creditworthiness of the business
🔸Enhance #riskassessment with access to #realtime data
🔸Minimize #loss associated with #fraud and poor risk assessment
🔸Enable #reconciliation alongside other #data such as #bank data.