By Edlyn Cardoza
proof, a world leader in AI powered risk decision making softwareannounced that DeltaPay, an emerging FinTech headquartered in Kenya, has chosen Provenir’s AI-Powered Data and Risk Decisioning Platform to power its Buy Now, Pay Later offerings.
“Our mission is to provide millions of unbanked and neglected segments of society with access to affordable credit. In our search, we sought a like-minded partner to complement our business model and help us scale,” said Kiprop Chirchir, CEO and Co-Founder, DeltaPay.
DeltaPay’s mission is to empower people through financial access and enable them to pursue a prosperous and dignified life. By using alternative data, including behavioral data, DeltaPay offers more consumers access to affordable and flexible credit. This enables them to improve their purchasing power and ultimately their livelihood.
Chirchir continued: “Provenir’s architectural design, platform flexibility and technical capabilities set them apart from their competitors. The Provenir Marketplace provides easy access to financial and behavioral data partners through a single API, which not only simplifies technical implementation, but also allows us to go to market faster. After our launch in Kenya, we plan to expand our business to other regions including Uganda, Tanzania, Rwanda, DRC, Nigeria and Ghana over the next five years. Provenir will be our preferred partner in this expansion plan.”
DeltaPay differentiates itself by creating a holistic view of an individual’s ability to pay through the use of alternative data. Adrian Pillay, Vice President of Middle East and Africa for Provenir. “Our AI-powered data and decision-making platform provides the data, AI and decision-making capabilities needed to help DeltaPay eliminate financial exclusion and improve the customer experience by consistently removing friction from the process for both consumers and merchants. We are excited to partner with them on this journey.”
The ease of use and flexibility of Provenir’s leading AI-powered data and decision platform enables smarter risk decisions. Managed through a single user interface, the solution enables organizations to innovate further and faster than ever, driving the continuous optimization they need to drive growth and agility without increasing risk.