Esusucentric Technologies Providing financial identities for the financially underserved.

We’re building an online platform -Esususocial- that uses alternative data to help improve access to financial services for those who are financially under-served. It uses digital footprints and other user-permissioned data to pre-qualify thin-file loan seekers by verifying their identities, assessing their risk profiles, scoring them and matching them with lending partners. This provides more pre-qualified leads for lenders and access to lenders for borrowers.

Alternative credit scoring is becoming more popular now because there’s a growing demand for financial inclusion. More lenders are starting to see “credit invisibles” as an opportunity rather than the risk these consumers have been viewed as in the past. Strong tailwinds indicate consumer demand is on the rise, non-bank lenders are continuing to grow market share and 3rd party tech & data providers are streamlining more parts of the lending process.