Meet JuanCredit, the first credit scoring system for the unbanked in the Philippines
In a country like the Philippines where geography plays a huge role in the adoption of solutions, JuanCredit will make use of a network of partners like bills payment companies, pawnshops, convenience stores, and even drug stores that are scattered over the archipelago.
Bayad Center, the largest payment company in the country, has already partnered with Ayannah to provide JuanCredit access to its 7 million transactions per month and a historical payment database of close to a billion transactions by more than 10 million unique customers accumulated over the past ten years. Ayannah will combine Bayad Center’s bills payment data with data from prepaid mobile top ups, remittance transactions, insurance premiums, and social media profile to create an accurate pattern of an unbanked person’s financial behavior.
2 RP entrepreneurs chosen by Endeavor
Financial technology entrepreneur Mikko Perez of Ayannah and cacao producer Simon Bakker of Kennemer became the 9th and 10th Philippine-based high-impact entrepreneurs during Endeavor’s 69th International Selection Panel held in Kuala Lumpur, Malaysia from February 20 to 22, 2017.
2 more entrepreneurs chosen to make high impact on PH growth
MANILA, Philippines – Endeavor Philippines welcomed two more successful entrepreneurs into its fold to help spur development in the Philippines through high-impact entrepreneurship. Financial technology entrepreneur Mikko Perez of Ayannah and cacao producer Simon Bakker of Kennemer Foods International became the 9th and 10th Philippine-based high-impact entrepreneurs during Endeavor's 69th International Selection Panel (ISP) held in Kuala Lumpur, Malaysia in late February, Endeavor announced on Friday, March 3.
2 PH firms made it to Endeavor list
Two Philippine-based entrepreneurs—a Filipino financial technology (fintech) founder and a Dutch cacao producer—made it to the roster of Endeavor, a global nonprofit that supports high-impact entrepreneurs around the world. Mikko Perez of Ayannah and Simon Bakker of Kennemer were handpicked as the 9th and 10th Philippine-based high-impact entrepreneurs at Endeavor’s 69th international selection panel held in Kuala Lumpur, Malaysia.