Established in 2017, Kaleidofin is a financial services platform with a mission to build a digital financial ecosystem for everyone, everywhere. The platform has established itself as a leading player in India in credit scoring and risk services and provides financial solutions for low-income households and businesses working in the informal economy.
One of Kaleidofin’s main products is Ki score, a credit health and financial health score that helps a lender make efficient credit decisions. With over 26 million unique customers scored, Ki score has proven to identify the right customers and generate a loan book with significantly better portfolio quality than loans that have not been ki-scored. To date, Kaleidofin’s platform has facilitated more than USD 6 billion in credit to over 8 million borrowers.
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Other products include Ki credit, a middleware that helps largely with the onboarding process and in conducting fraud checks for lenders. Kaleidofin also offers a risk management dashboard, Ki view, which can be used by lenders post-disbursement for monitoring and managing risks. The last is Ki cash, the company’s customer engagement platform, and a fully digital savings bank.
With strong management, supportive investors and a unique product offering, Kaleidofin is scaling up rapidly. Triodos Fair Share Fund is supporting this growth by providing senior debt financing.