CreditVidya

Prefr is the leading player in the alternative credit scoring space in India. A pioneer in the domain, we are leveraging alternative data, AI and machine learning to facilitate institutional credit for the underserved. Our products are helping a large section of the salaried and self-employed population become visible to lenders, by making it financially viable for banks and NBFC's to underwrite customers for much smaller unsecured loans. 55+ leading banks and NBFCs that share our vision, rely on our products to manage the credit cycle end-to-end: Prospecting, Credit Underwriting, and Delinquency Management. With over 10,000 data points, CreditVidya's credit underwriting model is 2x more powerful than traditional bureau scores, helping banks and NBFC's underwrite 15% more individuals, including the completely new-to-credit segment (first time borrowers). To date, we have underwritten over 25 million individuals. Our products also help lenders cut the time of decision-making from several days to under five minutes, reduce costs, prevent fraud, and consequently, increase profitability. We are dedicated to our mission of making affordable credit accessible to more than 3 billion under-served people across the world.