LAHORE: AdalFi, which is set to become the first fintech company listed on the Pakistan Stock Exchange, has partnered with Network International to bring its cash-flow credit scoring to financial institutions across the Middle East and Africa.
The partnership combines Network International’s payments reach, spanning 250+ financial institutions and 240,000+ merchants in more than 50 countries, with AdalFi’s machine-learning credit decisioning. Together, the two companies will turn everyday payment data into a real-time view of loan affordability and creditworthiness, so lenders can move from broad lending campaigns to tailored, pre-qualified offers.
Under the agreement, Network International will identify lending and cross-sell opportunities within payment data, while AdalFi will develop and validate scoring and customer-segmentation models and integrate its decisioning into Network International’s platform.
The partnership takes a model built in Pakistan to new markets. More than Rs110 billion has been lent through AdalFi’s platform since 2021 by its nine partner banks, including six of Pakistan’s ten largest. Over 130,000 borrowers have been reached, more than half of them new to formal credit, with a default rate of about 0.2%, against roughly 3.5% for conventionally underwritten bank credit.
“Through this partnership, we are combining real-time transaction insights at Network with advanced credit decisioning to help our clients identify lending opportunities, deliver more relevant offers and deepen customer relationships. The collaboration delivers our value-added services proposition by turning payment data into practical tools that support responsible access to finance for consumers and SMEs across the Middle East and Africa,” said Ronen Spivak, Group Head, Value Added Services, Network International.
“The next lending opportunity is already visible in the payments customers make every day. By embedding this intelligence within Network International’s platform, we can help banks move from static credit snapshots to timely, real-world signals and turn the data they already hold into responsible lending opportunities,” said Salman Akhtar, Chief Executive Officer of AdalFi.
About AdalFi
AdalFi is a digital lending infrastructure company and provider of next-generation cash-flow credit scores for consumer and SME lending. Its platform lets banks and finance companies score borrowers on transaction data and disburse loans through integrations with core banking and loan management systems.
About Network International
Network International is a leading fintech company in the Middle East and Africa. Its purpose is to help businesses and economies grow by simplifying payments and commerce. It serves banks, fintechs, telcos, merchants, governments and public sector entities across 50+ countries, with a team of 3,000+ working with 250+ financial institutions and 240,000+ merchants.
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