It's official, today we release SMECreditPro 360 v.1.0 to bridge the credit information gap between MSMEs and lenders in Sub-Saharan Africa.
A Platform to help SMEs and lenders unlock credit access and lending growth
Douala - Cameroon, October 1st, 2018 – SMECreditPro, a Cameroon based financial technology startup that aim to facilitate SME access to finance is proud to announce the launch of its platform that will provide actionable, real-time SME information and credit ratings to illuminate previously invisible SMEs to catalyze credit access and lending growth.
SMECreditPro platform combines an online, intuitive, easy to fill out MSME information application with third party innovative data sources, artificial intelligence, and machine learning to provide MSMEs with the business, financial, and credit ratings. In real-time, business owners receive SMECreditPro 360° RatingTM, financial statements (income, balance sheet, and cash flow), and actionable business improvement insights (Robo advisory) to strengthen their businesses and credit ratings.
Lenders, government agencies, and corporations access the platform through customized web portals to gain a 360° view of the MSME business and credit risk profile to more safely, profitably, and cost-effectively seize the unmet USD $643 formal and informal MSME credit opportunity across Sub-Saharan Africa.
Oliver Fomunung, CEO & Co-Founder said: “SMECreditPro simultaneously addresses both the demand and supply market pains by delivering comprehensive, objective credit and financial rating information visibility that will help SMEs and lenders unlock credit access and lending growth”,
Rather than relying on stale, often incomplete financial statements, missing or young credit bureau information, or collateral that substitutes for a deeper understanding, “SMECreditPro will provide MSMEs, lenders, corporations, other SMEs, and government agencies with a more comprehensive view of the business – one that illuminates previously invisible MSME strengths and weaknesses” Said Lisa Wilhelm, Co-Founder & Chairman.