Officially licensed as ICS (Innovative Credit Scoring) provider in Indonesia by OJK!

We have officially been licensed by Indonesia’s Financial Services Authority (OJK) as an Innovative Credit Scoring (ICS) provider. This license, granted under the newly enacted OJK Regulation No. 29/POJK.03/2024 on Alternative Credit Scoring, reinforces our commitment to advancing inclusive, technology-driven credit assessment in the Indonesian market.

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As an ICS provider, we leverage alternative data and advanced analytics to provide deeper insights into borrower behavior and creditworthiness, particularly for underserved, thin-file, or new-to-credit individuals. Our Credit Data Insight solution is purpose-built to support financial institutions, fintechs, and lenders in making smarter and safer credit decisions, with a strong emphasis on fraud detection and financial inclusion.

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Key highlights of the solution include:.

• FinScore: A universal credit scoring solution tailored for the Indonesian market. It leverages machine learning to build accurate credit models by combining traditional financial data, multi-platform behavioral data, device information, and alternative data sources such as social media and medical insurance records.

• Joint Modeling: Fully customized credit risk models built exclusively for local business with data from both sides — ideal when off-the-shelf models aren’t a fit.

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The ICS licensing framework introduced by OJK encourages innovation in the credit scoring space by authorizing the use of non-traditional data sources. With this regulatory recognition, we’re positioned to play a vital role in supporting Indonesia’s financial ecosystem and expanding access to safe and reliable credit.