Jamborow Integrates with UTU Trust and Creditworthiness API
UTU Trust announces its integration with Jamborow to advance financial inclusion in Africa.
They both excited to be partnered with Jamborow to integrate the UTU Trust and Creditworthiness APIs to help strengthen the platform’s existing credit check features and data digitization initiatives.
How will we work together?
First, they are integrating UTU’s Creditworthiness API into Jamborow’s platform to improve the process of evaluating borrowers within savings groups, popularly known as Savings and Credit Cooperative Organizations (SACCOs), in East Africa; Ajo & Esusu in Anglophone West Africa; Tontines in Francophone West Africa; and Stokvels in Southern Africa. This will significantly strengthen Jamborow’s existing credit scoring algorithm.
Secondly, they will also integrate UTU’s Trust API to show trust signals and connection-based recommendations to groups and members signed up on the Jamborow platform. Lenders and borrowers will be able to evaluate each other by assessing relational metrics, in addition to the financial metrics provided by the Creditworthiness API to make better financial decisions.
What is Jamborow?
Jamborow is a fintech platform that provides access to financial services to the unbanked and underbanked populations across Africa to promote financial inclusion and economic empowerment.
What is UTU Trust?
UTU is building the trust infrastructure of the internet to help businesses and consumers engage and transact in an easier, safer, and more trustworthy way.
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