Loan App

The Product

Yemego is a loan app that uses machine learning to predict borrower's behaviour and instantly evaluate loan applications. They aim at offering financial services to help you get closer to your personal and business goals. The consumer downloads Yemego app. After installation, during the loan application process, she answers a few questions and gives us access to her phone data.

The machine learning algorithm combines all these data and assesses the probability the borrower will payback. If the credit scoring is good enough, the amount requested is disbursed within minutes into the borrower's bank account.

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