CredoLab, a Singapore-based developer of bank-grade digital credit scorecards based on smartphone metadata, has secured US$7 million in its Series A round funding led by GBG, the global specialist in Identity Data Intelligence.
Asia’s first and only metasearch engine in insurance and banking, GoBear, has tied up with smartphone-based alternative credit scoring provider CredoLab to launch Easy Apply, an app that enables financial institutions to extend credit to a larger pool of customers.
