UTU and Pngme Partner to Increase Access to Finance for the Underserved

Published on: 02.06.2021

Pngme announces that they integrate with UTU.

This integration is to improve access to financial services for Africa and other emerging markets.

Pngme’s API aggregates data from customers’ bank accounts, USSD SMS usage, location information, and more. Combined with UTU’s artificial intelligence models, the product will dynamically gather and analyze data to ensure accuracy and customer trustworthiness. Additionally, UTU’s ratings, reviews, and socially-powered recommendation features will be made available to Pngme’s bank and fintech clients.

They will also explore the integration and tokenization of Pngme’s data into the UTU Protocol, and vice versa, to enhance the robustness of each solution. Streaming this data into the UTU Protocol can create additional opportunities for users across Africa to earn UTU Trust Tokens by participating in the UTU ecosystem.

 

About UTU

UTU’s mission is to become the trust infrastructure of the entire internet, replacing anonymous star ratings, reviews, and scores as the de facto trust mechanisms of their digital lives. They do this in service to bridge the gap between how they trust in real life and how they are asked to trust online to make the internet a safer, more trusted place to gather, share, work, and trade. They are proudly based in Nairobi, Kenya.

 

About Pngme

Pngme believe everyone deserves equal access to finance. The platform enables by making the process of collecting, analyzing, and using financial data by financial institutions frictionless and simple. Banks, Fintechs, and Credit Bureaus use their platform to create innovative financial products for un/underserved people. The platform enables one-click data sharing, real time insights, and credit scoring. Pngme is on a mission to give ownership of data back to people, thereby giving equal access to finance and enabling wealth creation for billions of people.

 

INFO: 

https://blog.pngme.com/2021/06/utu-and-pngme-partner-to-increase-access-to-finance-for-the-underserved/?utm_content=168658561&utm_medium=social&utm_source=twitter&hss_channel=tw-1041045242516914176

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