Innovative Assessments
Curated by SignalCredit assessment solutions enhancing financial inclusion through character-based scoring.
Overview
Innovative Assessments focuses on credit assessment solutions tailored for banks, emphasizing character-based credit scoring to promote financial inclusion. Their main product, Worthy Credit, employs psychometric surveys to assess personal character traits, thereby providing supplementary data for credit evaluations. This methodology aims to overcome the shortcomings of conventional credit scoring systems, which may overlook underbanked and marginal loan applicants. The company utilizes technologies such as artificial intelligence and blockchain to enhance risk management and decision-making for financial institutions. Collaborations with banks, including Cross River Bank and Rise by Barclays, support the integration of their solutions, which may lead to increased approval rates and improved access to affordable credit for underserved individuals and businesses.
Key facts
- Founded
- 2015
- Headquarters
- Tel Aviv, Israel
- Stage
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- Industry
- Financial Technology
- Sector
- Banking Technology
Business model
- GTM channel
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- 1 product or service
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Contact
- Primary office
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