Bringing the tech to fintech! Here’s LenderLink, a Philippines-based fintech trying to improve access to credit information. Now, they just raised a $1.25M seed in their first external fundraising round!

Investor check. Kaya Founders, Iterative, Founders Launchpad, Manila Business Angels, and other angel investors joined the round. 

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📑 Money on my mind

For Lenderlink, one of the biggest barriers to affordable lending is the lack of a real-time credit data infrastructure. 

They use AI, data science, and automation to provide lenders with smarter risk assessment tools.

• With over 30M records of credit data, the platform aims to help lenders reduce non-performing loans.

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⚙️ How it works

LenderLink simplifies credit data exchange with a secure, consent-driven API network.

• Consumers can gain access to records from other lenders and contributing ecosystems.
• As a contributor, you can share data with other lenders and earn $$$ for every positive hit. 

Use cases. Lenderlink’s solution can be used to enhance the accuracy of credit reporting and scoring, strengthen fraud detection, monitor portfolio performance, and more! 

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🪙 What’s with the $$$? 

They’ll level up their tech, expand to new markets, and form partnerships with key lenders and financial institutions!