Lenddo launches credit risk SDK for mobiles

Source: Lenddo

Today Lenddo announced its new technology suite for mobile apps.

The credit risk management SDK for Android coupled with patented scoring technology helps banks, alternative lenders, Telcos, P2P lenders and online marketplaces to reduce fraud and default, increase market share and profits, and to cut costs.

"Lenddo's solution uses thousands of data points from multiple sources, combined with our sophisticated algorithms to return accurate results. The process is revolutionary, it returns results instantly, wherever the user might be," said Co-Founder and CEO, Jeff Stewart.

Lenddo is already solving the challenges of identity and risk management associated with thin file customers in over 10 countries and the new mobile solution allows businesses to quickly and efficiently serve an even larger customer base with the ever growing smartphone penetration around the world.

"The SDK's are now available for simple integration into current Android apps and we are providing assistance to develop apps for clients who are new to mobile deployments," added Richard Eldridge, Lenddo Co-Founder and COO.

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