does Lenddo work?
How does Lenddo work?

Lenddo uses smartphone data to create credit scores for consumers with thin or no file in the credit bureaus

July 13, 2016

In the latest video in our Omidyar Network Learning Series, we explain how our investee Lenddo turns big data from smartphones and social networks into valuable insights that are reshaping financial service opportunities for emerging middle class consumers and lenders around the globe. Lenddo’s machine learning algorithms analyze up to 12,000 variables for each loan application to generate a credit score—a process that has helped its partners approve up to 50 percent more applicants while also reducing default levels. Lenddo is one company helping advance a new way of lending we’re calling Big Data, Small Credit, where non-financial data and new technology platforms are working together to help financial service providers reach new segments of consumers, while connecting more consumers to the financial tools they need to build a better future.

Learn more in our Big Data, Small Credit report: EnglishSpanish


Omidyar Network @OmidyarNetwork

#Hackathon alert: Join @digime in innovating the #identity & personal #data space at #knowidentity this Mon. 3/26.…

Omidyar Network @OmidyarNetwork

A fast-evolving world means multiple streams of data. Learn how @Zine_One collates these streams to help companies…

Omidyar Network @OmidyarNetwork

Read how our investee @wildflowerschls is bringing its innovative teacher-led model to Indianapolis

osman ülgür kredi talep at kurmak istiyorum aracılığınızla

Tarih olarak hayatımın dönüm noktası denile bilir yapacağım işte uzun vadede tekelleşmek ? piyasa kontrolünü elimde tutacağım denge değişiminde as role girecek büyük bir hayvansal çiftlikler kurmak ve yönetmek sermaye piyasa sında yer almak desek yalan olmaz ihtiyat ve konunun inisiyatif kararı yine sizde bitiyor

Be the first to comment
It looks like there's some information missing
By clicking, you agree to the Terms and Conditions

How can we rewrite narratives?

Omidyar Network was honored to have Bryan Stevenson, founder and executive director of the Equal Justice Initiative, speak at our global staff retreat.


How do you see the world today?

Today, things are changing faster than ever. We’re clearly at a moment of great global transition and transformation. It is also a moment of great opportunity.


How can civic technology help transform Brazil?

When Priscila Belfort disappeared in Rio de Janeiro, in 2004, her mother Jovita turned to the local police for help. Jovita quickly realized that the government was not properly set up to resolve cases like her daughter’s.