Alternative Data for Fintech Providers in South Africa
Digital credit scoring solution designed to enhance financial inclusion in South Africa. 450+ data points on each potential borrower.
Regional South African services RiskSeal uses for digital footprint analysis
RiskSeal collects data by analyzing digital footprints across 200+ global and local online services. We integrate specific regional services for our South African clients.
Explore some of Soyth Africa's major online platforms we utilize below. For detailed information on the niche South Africans services we deploy, please contact our team.
Unisa
Discovery
Absa
Bobshop
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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Boosting financial access in South Africa with alternative data for credit scoring
Risk management
Collect 450+ data points on each South African borrower from over 200 online services, including local niche platforms.
Financial inclusion
Effectively lend to unbanked populations by accessing people in rural areas and promoting the economic empowerment of women.
Fraud detection
Prevent financial fraud effectively and save on KYC checks. Identify up to 70% of fraudsters at the pre-KYC checks stage with RiskSeal.
FAQ
What are the South African regional platforms used by RiskSeal for digital footprint analysis?
RiskSeal utilizes over 200 online platforms and social media sites to analyze digital footprints in South Africa.
Additionally, the solution provides alternative data from local South African online services including marketplaces, job search and real estate portals, gambling sites, and mobile network providers.
To ensure a thorough assessment of applicants, RiskSeal maintains and regularly updates an extensive list of niche South African services. This allows us to stay at the forefront of digital footprint analysis in the region.
What is the price of your services for South African lending providers?
RiskSeal offers two primary pricing plans for South African lending providers:
Basic Plan. Priced at $499 per month, this plan is designed for small fintech businesses that manage a relatively low volume of transactions. It provides all the essential services needed to get started with digital footprint analysis.
Custom Plan. This plan is perfect for organizations handling larger transaction volumes and requires a personalized approach. The RiskSeal team conducts an in-depth assessment of each client's specific needs before offering a competitive quote tailored to their requirements.
For more detailed information about our services and to help you choose the plan that best fits your business, please visit our pricing page or contact our sales team directly.
What benefits does RiskSeal offer to fintech organizations in South Africa?
RiskSeal offers a range of substantial benefits specifically designed to support lenders in South Africa.
Personalized onboarding guidance. Clients receive hands-on assistance during the setup process.
Expert support in data interpretation. We’ll help you understand and leverage the data effectively.
24/7 technical support. Our team is available to resolve any technical issues, ensuring minimal downtime.
99.9% uptime guarantee for APIs. RiskSeal commits to high reliability, which is crucial for financial operations.
Unlimited access to a client portal with detailed analytics. Detailed and actionable analytics to monitor performance and optimize operations.
How can I verify that RiskSeal's data is effective for my business?
To verify the effectiveness of RiskSeal's data for your business, we recommend participating in the Proof of Concept (PoC) project.
After the PoC, we’ll be able to provide you with the historical transaction analysis and demonstrate how RiskSeal can enhance your existing scoring models.
This approach ensures that you can make an informed decision about integrating RiskSeal's solutions into your business framework.
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