Unlocking financial opportunities for all in Nigeria through Advanced Data Science and Technology

Empower Credit Bureau

Empower Credit Bureau is dedicated to fostering financial inclusion by extending credit access to the unbanked and underbanked populations in Nigeria. Our objective is to harness alternative data sources and traditional financial information to develop comprehensive and accurate credit reports for a broader spectrum of individuals and businesses.

We are laser focused on being a provider of comprehensive and accurate credit reports. Our objective is to foster financial inclusion by extending credit access to the unbanked and underbanked populations in Nigeria. We leverage alternative data sources and traditional financial information to serve a broader spectrum of individuals and businesses. With Smart Customer Acquisition as our section goal, we aim to digitally acquire millions of creditworthy but underserved borrowers, providing them with a frictionless experience and achieving 10x higher disbursal rates.

Femi Olagbaiye (CEO).

We aim to revolutionize the credit reporting landscape by incorporating alternative data sources such as utility payments, rental history, mobile phone usage, and social media activity into our credit assessment process. This approach will enable a more holistic evaluation of creditworthiness. Credit Risk Mitigation: By using alternative data, we seek to improve the accuracy of credit risk assessment, reducing the perception of high risk associated with the unbanked and underbanked. This, in turn, will encourage financial institutions to extend credit to these segments at lower interest rates and with more favorable terms.

Objectives

Our foremost aim is to promote financial inclusion by developing credit reports for individuals and businesses, incorporating alternative data sources such as utility payments, rental history, mobile phone usage, and social media activity into our credit assessment process. By using alternative data, we seek to improve the accuracy of credit risk assessment, design tailored credit products, engage in financial literacy campaigns, ensure data security and privacy, adhere to regulatory compliance, continuously innovate our credit assessment methodologies, and collaborate with stakeholders to achieve greater financial inclusion.

Vision and Mission

Our vision is to be the leading credit bureau agency in Nigeria, where we facilitate economic growth through inclusive credit reporting. Our mission is to empower individuals and businesses by leveraging alternative data and maintaining data accuracy, security, and regulatory compliance.

Scores

Our objective at Empower Credit Bureau is to foster financial inclusion by extending credit access to the unbanked and underbanked populations in Nigeria. We aim to utilize alternative data sources and traditional financial information to develop comprehensive and accurate credit reports for a broader spectrum of individuals and businesses. With our powerful suite of Big Data and AI-based alternative credit score and fraud score, we are rethinking financial products and tapping into underserved segments to provide equal financial chances for all.

True Identity

At Empower Credit Bureau, we strive to establish trust and identity in the digital world. Our advanced facial recognition technology, coupled with AI-driven fraud detection methods, ensures secure and seamless onboarding of customers on our platform. With comprehensive identity cross-validation, we can efficiently detect and prevent any fraudulent activities while enabling safe and secure transactions. Join us on this journey toward a trustworthy and inclusive financial ecosystem.