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Neo bank Tonik strikes a partnership with alternative credit scoring company FinScore 04 February 2021
Source: Tonik Tonik, the first neobank in the Philippines operating under its own bank license by the Bangko Sentral ng Pilipinas (BSP) strikes a partnership with FinScore, the Philippines-based Alternative Credit Scoring company. The two fintech startups are on a mission to revolutionize the way Filipinos access loans for various purposes.
To carry out this mission, FinScore s AI-powered Telco Data Credit Scoring technology will be integrated with Тonik s digital banking platform. Credit Score based on Telco data draws upon over four hundred (400) telco variables such as data and voice usage, top-up patterns, location, and SIM age, among others. Powered by FinScore’s cutting-edge