Peter Barcak

As a risk officer of 20+ years, I’ve seen financial players evolve in the products and services they offer whilst consistently being unable to tap into the vast reservoir of potential clients who cannot be accurately assessed with traditional credit scoring methods. Now, as an entrepreneur, I am changing that. At CredoLab, my team and I are working with businesses to modernise credit scoring with artificial intelligence driven digital scores. Utilising smartphone metadata, we are simultaneously able to financially empower underbanked individuals while helping lenders of all kinds make better credit decisions by improving the reliability, speed, and cost-efficiency of credit scoring. Headquartered in Singapore, CredoLab is helping over 70 lenders in 20 markets across Southeast Asia, India, Africa, and Latin America.