Many bank branches are expensive and inconvenient to low-income neighborhoods.
Traditional credit scores exclude people who don’t have complete financial histories.
Without a credit score, thin file applicants are too risky and expensive for lending.
With most banks, middle men increase the cost of each transaction.
Money is accessible through an easy-to-use mobile app and at physical retail locations.
Creditworthiness can be calculated for people using phone data and in-app activity.
Machine learning generates alternative credit scores using data science.
Consumers and businesses are directly connected.
With banQi, a new free and flexible digital account for all Brazilians, including the 50 million not served by traditional banking establishments.
Digitally transforming financial systems that are high cost, high touch, and inaccessible by the underserved
