Credit approval was extended to an additional 30% of applicants who did not have a credit history, which enabled the fintech Aplazo to build a stronger customer base.
30% growth in credit loan customers
Value generated from open banking/open finance:
Who benefits?
Link:
https://belvo.com/es/casos-de-exito/aplazo/
Fintech: Belvo, Aplazo
Underserved
Reduced inequality, Financial health of customers
Reduced financial exclusion, Achieving long-term goals, Better financial decision-making, Enhanced work/life balance