iFactor is a tech company providing alternative lending solutions through a marketplace for sustainable SME growth and low risk investment while also developin g in-house crafted fintech solutions.
We have a two-fold approach:
– First, we have designed a robust technology solution sitting in the backend of lending organisations improving the KYC AML elements and processes thus Improving the cost efficiency for lending to SMEs
– Second, a marketplace where different lenders will be able to bid for the right clients with the right credit scoring, enabling and improving capital allocation in matching
iFactor Pure Analytics is an Alternative Data SME Creditworthiness Scoring Engine that works as a module of the iFactor Hybrid Marketplace, and it uses AI and Machine Learning to analyze multiple data points (alternative combined with traditional data points) to create better credit score rate cards for SMEs and reduce the risk of fraud.
We envision a world of innovation, digitalization and use of cutting edge technologies, where all legitimate SMEs have options for their trade finance needs. We aspire to offer SMEs a complexity of price-competitive technological and flexible finance solutions, for working capital needs along with technology SaaS products to other SME lending legacy players or newcomers.
In simple terms, “Strong SMEs from hybrid democratized investments”.