Credit Democratisation Alliance

 

ABOUT US

CredAll is a collective of varied ecosystem players, all of whom share a common dream. It is to democratise access to formal and affordable credit, for small businesses and individuals.

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THE PROBLEM

Large swathes of individuals and small businesses have been deprived of formal credit. Solving this is essential for us to make progress and unlock full potential of the economy.

THE SOLUTION

CredAll brings together the whole ecosystem to collectively serve the market using 'Open Credit Enablement Network  (OCEN) APIs. We all speak the same language aka the OCEN protocol to create innovative, financial credit products for the market, at scale

Image by Lisheng Chang
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Image by Alexandre Debiève

LOAN SERVICE PROVIDERS

LSPs ( Loan Service Providers ) are the connectors and makers of the credit market. They connect low cost of capital from lenders with low cost of customer acquisition. They do so by connecting their customers with multiple lenders through OCEN APIs

NEW AGE LENDERS

Today, lenders are using smarter underwriting to increase the size of market they serve. They are part of a paradigm shift. The decision to lend has now switched from a binary mode to a conditional mode with access to rich, high provenance data

TECHNOLOGY PARTNERS

The technology partners enable lenders and LSPs utilise the OCEN APIs to their best potential and creating secure and delightful credit products

"India has a unique opportunity to create a new and alternative credit infrastructure that can provide easy access to credit for millions of businesses and individuals."

Nandan Nilekani

CONTACT CREDALL

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©2020 by CredAll