Impact investment management company, Platcorp Group has been recognized at this year’s FinTech Breakthrough Awards for its role in advancing innovative credit solutions through technology.
The firm emerged as the best “Overall Business Lending Company of the Year” was feted for offering innovative and
sustainable financial solutions, building and managing lending and credit‑technology businesses.
“Combining an inclusive purpose with advanced technology can solve the challenge of operating at scale in fragmented markets while serving financially underserved and marginalised communities,” said Brett Sievwright, Platcorp Group Chief Executive Officer.
Platcorp provides affordable lending services and financing to people and small businesses in Africa who otherwise may not have easy access to traditional bank credit.
“Platcorp’s solutions show the industry what’s possible, lighting the way in using technology to cultivate inclusive, sustainable financial ecosystems. Markets in low-connectivity and remote environments represent a unique challenge in delivering credit and impactful financial services. Data fragmentation can limit insight, slow down decision-making and increase risk,” added Steve Johansson, Managing Director, FinTech Breakthrough.
The group has also build its own Knowledge Management System, Akili, from vast and diverse data sets across credit, operations, compliance, and distribution.
According to the group, Akili functions as a central integration layer across the organization, integrating structured and unstructured data from across the enterprise, enabling deeper insights, faster decision-making, and a scalable foundation for future machine learning applications.
Marking its 10-year anniversary, the FinTech Breakthrough Awards program continues its mission of honoring the innovators that are redefining the future of financial services through breakthrough technology, customer impact and market leadership.