1. Startup

Crowdo Announces Bank Neo Commerce as Its Digital Bank Prime Partner

Banks have access to an AI-powered credit scoring infrastructure and a digital onboarding process

Fintech startup Crowdo announced a partnership with Bank Neo Commerce (BNC) to increase SME financing. This is Crowdo's first-ever partnership since declaring itself a neobank service.

In an interview with DailySocial, Crowdo's Group CEO, Reona Shimada explained, they offer comprehensive digital technology and infrastructure for digital banks in this partnership, and it will take a long time if it's to be built independently.

BNC has access to technology such as an AI-powered credit scoring engine that Crowdo engine has built and trained for three years. It is said that Crowdo's portfolio performed up to 70% better with this tool than traditional bank loans for SMEs during the pandemic.

Are you sure to continue this transaction?
Yes
No
processing your transaction....
Transaction Failed
Try Again

Sign up for our
newsletter

Subscribe Newsletter
Are you sure to continue this transaction?
Yes
No
processing your transaction....
Transaction Failed
Try Again