Alternative Data for Indian Fintech Providers
Identify valuable customers among those with zero information in credit bureaus. 450+ data points through digital footprint analysis.
10%
Indians visible by credit bureaus
RiskSeal – an alternative data provider for Indian lenders
In India, credit bureaus lack information on over 1 billion potential borrowers. At the same time, more than 1.2 billion people in India are Internet users. Therefore, they have a digital footprint.
This is where RiskSeal comes in. By analyzing the borrower's email, phone number, IP address, full name, location, and photo, we search their digital footprint across 200+ online platforms.
RiskSeal equips Indian fintech companies with 450+ real-time insights about each applicant and provides a ready-to-use digital credit score.
Regional services
for digital footprint analysis in India
RiskSeal offers 200+ online and social media platforms to analyze applicants' digital footprints. Also, we provide our Indian clients with alternative data from regional services.
See the major Indian services listed below. For a full list, including niche services, please contact our sales team.
Flipkart
ShopClues
AltBalaji
Gaana
Indian companies we work with
The RiskSeal team collaborates with Indian organizations and deeply understands the region's specifics.
Benefits for Indian fintech providers
Reduction of KYC costs
Effectively filter out potential defaulters and fraudsters through real-time pre-KYC checks.
- 2.5 times reduction in KYC costs.
- Real-time verification process completed in seconds.
Improved model performance
Enrich your credit models with alternative data and understand your risks and opportunities.
- An increase in the Gini index and improved discrimination capabilities.
- Predictive power improvement to assess future credit risk.
Increase in approved applications
Gain rich insights to effectively identify solvent customers, ensuring higher approval rates.
- Detailed digital profiles for a deeper understanding of your customers.
- Increased approval rates and maximized profit.
Client success stories
See how RiskSeal’s unique data sources generate pure Gini uplift, even in emerging markets. Real numbers. Real before/after performance.
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FAQ
What Indian regional services do you use in digital credit scoring analysis?
In digital credit scoring analysis for Indian clients, RiskSeal utilizes 200+ popular online and social media platforms.
Also, the company uses alternative data from regional services including Flipkart and ShopClues for e-commerce insights, SnapDeal for marketplace behaviors, and Alt Balaji and Gaana for subscription-based activity patterns. These services help evaluate an applicant's financial behavior and spending habits.
These are the main regional Indian services that RiskSeal uses to collect alternative data. In addition, we have a large list of smaller niche services that are very helpful in applicant's evaluation.
RiskSeal doesn't stop there. Our team regularly revises the list of Indian regional services and adds new ones.ни
How much will your solution cost for Indian fintech providers?
RiskSeal offers three pricing packages for Indian lending providers:
Pilot Program. Designed for fintech startups, pilot projects, and lenders new to alternative data. Pricing starts at $499 per month with a fixed monthly commitment and limited transaction volume. The package includes API integration, basic onboarding and support, and monthly usage reporting.
Enrichment. Intended for banks, digital lenders, and institutions with existing credit models. This package uses usage-based pricing, with clients paying per enriched applicant report. It includes alternative data attributes, risk indicators, flexible integration options, and dedicated implementation and technical support.
Intelligence. Built for large digital lenders, banks launching new digital products, and enterprises transforming their underwriting systems. This package uses custom enterprise pricing and combines RiskSeal’s alternative data with its proprietary scoring model, continuous model optimization, custom decision strategies, and dedicated risk consulting.
RiskSeal also offers a free Proof of Concept (PoC), with no additional fees for integration, support, or training. For more information or to discuss the package best suited to your business, please visit our pricing page or contact our sales team.
What added value does RiskSeal provide to its customers in India?
RiskSeal provides significant value to its customers in India. These are:
- Guided onboarding
- The assistance in data interpretation
- 24/7 support
- 99.9% API uptime guarantee
- Client portal access with advanced analytics
How can I make sure RiskSeal data works for my company?
To ensure RiskSeal data works for your company, you can use a free Proof of Concept (PoC) against your historical transactions. This will allow you to see the value of RiskSeal's services in the context of your data.
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