Yabx

Yabx simplifiesaims to simplify financial access for the over two billion thin file, underunderbanked and unbanked people and micro, small, and medium enterprises (MSMEs) in the emerging markets of Asia, Africa, and Latin America using a mobile phone. Yabx operates in over twenty markets worldwide and has over fifty-five million customers. The company was founded by Rajat Dayal and incubated by Comviva, a global leader in mobile financial services. Yabx is part of the $21 billion Mahindra Group. Yabx operates out of The Hague, New Delhi, Bogota, and Nairobi.

Yabx enables the underunderbanked and unbanked with limited credit history to get fair access to financial services based on their needs. To do so, Yabx creates a credible financial identity for them using alternate data, such as data transactions on mobile phones, and machine learning to predict the ability and willingness to consume financial products. Yabx also gives themthe user financial control and choice and manages the person’stheir credit lifecycle, from acquisition to settlement.

Yabx leverages technologytechnology and analyticsanalytics to reduce the cost of delivering financial services, thereby bringing bankingbanking services to the unbanked. Yabx has established strategic partnerships with leading banks, microfinance institutions, credit bureaus, mobile financial services providers, mobile network operators, and handset manufacturers.

Yabx simplifies financial access for the over two billion thin filethin file, under and unbanked people and micro, small and medium enterprises (MSMEsMSMEs) in the emerging markets of AsiaAsia, AfricaAfrica, and Latin AmericaLatin America using a mobile phonemobile phone. Yabx operates in over twenty markets worldwide and has over fifty-five million customers. The company was founded by Rajat DayalRajat Dayal and incubated by ComvivaComviva, a global leader in mobile financial servicesfinancial services. Yabx is part of the $21 billion Mahindra GroupMahindra Group. Yabx operates out of The HagueThe Hague, New DelhiNew Delhi, BogotaBogota, and NairobiNairobi.

Yabx enables the under and unbanked with limited credit historycredit history to get fair access to financial services based on their needs. To do so, Yabx creates a credible financial identity for them using alternate datadata, such as data transactions on mobile phones, and machine learningmachine learning to predict the ability and willingness to consume financial products. Yabx also gives them financial control and choice and manages the person’s credit lifecycle from acquisition to settlement.

Products include micro and small consumer loansloans, agent loans, handset loans, and airtime credit.

Yabx leverages technology and analytics to reduce the cost of delivering financial services, thereby bringing banking services to the unbanked. Yabx has also established strategic partnerships with leading banksbanks, microfinancemicrofinance institutions, credit bureauscredit bureaus, mobile financial services providers, mobile network operatorsmobile network operators, and handset manufacturers.

In 2022, Yabx won the Pacific Islands FinTech Innovation Challenge 2022Pacific Islands FinTech Innovation Challenge 2022 for 'Increasingincreasing usage of financial products and services in the Solomon IslandsSolomon Islands. The award was organized by United Nations Capital Development Fund (UNCDF)United Nations Capital Development Fund (UNCDF) in SingaporeSingapore. Yabx also won the 'LendTech LendTech of the Year' award at Asia FinTech Awards'22Asia FinTech Awards'22 and the Best 'BuyBuy Now Pay Later' Solution award at Global Fintech Fest'22Global Fintech Fest'22.

Yabx simplifies financial access for the over two billion thin file, under and unbankedunbanked people and MSMEs in the emerging markets of Asia, Africa, and Latin America using a mobile phone. Yabx operates in over twenty markets worldwide and has over fifty-five million customers. The company was founded by Rajat Dayal and incubated by Comviva, a global leader in mobile financial services. Yabx is now part of the $21 billion Mahindra Group. Yabx operates out of The Hague, New Delhi, Bogota, and Nairobi.

YABX on Digital Disruption in the Micro-Lending Space (Sept. 2019)

Yabx simplifies financial access for the over two billion thin file, under and unbanked people and MSMEs in the emerging markets of Asia, Africa, and Latin America using a mobile phone. Yabx operates in over twenty markets worldwide and has over fifty-five million customers. The company was founded by Rajat Dayal and incubated by Comviva, a global leader in mobile financial services. Yabx is now part of the $21 billion Mahindra Group. Yabx operates out of The Hague, New Delhi, Bogota, and Nairobi.

Products include micro and small consumer loans, agent loans, handset loans, and airtime credit.

Yabx aims to enable the underserved with limited credit history to get fair access to financial services tailored to their needs. Yabx creates a credible financial identity for the unbanked and underbanked population based on alternate data. The company manages the entire customer’s credit lifecycle starting from acquisition to settlement. Yabx is the fintech venture of Mahindra Comviva, a global leader in mobile financial services, and is part of the $20 billion Mahindra Group.

One-fourth of the world today is unable to access financial products like loans, savings & insurance owing to a limited or non-existent financial footprint. 9 out of 10 adults use a mobile phone generating a significant amount of data every second which can be leveraged to create unique behavioral profiles. Yabx transforms alternate data into financial identity using machine learning to predict the ability and willingness to consume financial products. Yabx builds the ecosystem by partnering with telecom operators, banks, MFIs, credit bureaus, mobile financial providers, and handset vendors to create world-class innovative products.

Yabx simplifies financial access for the over two billion thin file, under and unbanked people and MSMEs in the emerging markets of Asia, Africa and Latin America using a mobile phone. Yabx operates in over twenty markets worldwide and has over fifty-five million customers. The company was founded by Rajat Dayal and incubated by Comviva, a global leader in mobile financial services. Yabx is now part of the $21 billion Mahindra Group. Yabx operates out of The Hague, New Delhi, Bogota, and Nairobi.

Yabx enables the under and unbanked with limited credit history to get fair access to financial services based on their needs. To do so, Yabx creates a credible financial identity for them using alternate data, such as data transactions on mobile phones, and machine learning to predict the ability and willingness to consume financial products. Yabx also gives them financial control and choice and manages the person’s credit lifecycle from acquisition to settlement.

Yabx leverages technology and analytics to reduce the cost of delivering financial services, thereby bringing banking services to the unbanked. Yabx has also established strategic partnerships with leading banks, microfinance institutions, credit bureaus, mobile financial services providers, mobile network operators, and handset manufacturers.

In 2022, Yabx won the Pacific Islands FinTech Innovation Challenge 2022 for 'Increasing usage of financial products and services in the Solomon Islands. The award was organized by United Nations Capital Development Fund (UNCDF) in Singapore. Yabx also won the 'LendTech of the Year' at Asia FinTech Awards'22 and the Best 'Buy Now Pay Later' Solution award at Global Fintech Fest'22.

Yabx aims to enable the underserved with limited credit history to get fair access to financial services tailored to their needs. Yabx creates a credible financial identity for the unbanked and underbanked population based on alternate data. The company manages the entire customer’s credit lifecycle starting from acquisition to settlement. Yabx is the fintech venture of Mahindra Comviva, a global leader in mobile financial services, and is part of the $20 billion Mahindra Group.

One-fourth of the world today is unable to access financial products like loans, savings & insurance owing to a limited or non-existent financial footprint. 9 out of 10 adults use a mobile phone generating a significant amount of data every second which can be leveraged to create unique behavioral profiles. Yabx transforms alternate data into financial identity using machine learning to predict the ability and willingness to consume financial products. Yabx builds the ecosystem by partnering with telecom operators, banks, MFIs, credit bureaus, mobile financial providers, and handset vendors to create world-class innovative products.