RiskSeal is a customer insights platform that utilizes digital footprint analysis across over 140 online platforms to generate a Digital Credit Score, providing more than 300 alternative data points for credit risk assessment. This technology enables financial institutions to double their approval rates and reduce default rates by up to 25%, particularly for underserved populations.
Funding
Funding not disclosed
Founders
Product
Problem
Traditional credit risk assessment methods often exclude individuals with limited credit history, hindering financial inclusion and potentially overlooking creditworthy applicants. Financial institutions need more comprehensive data to accurately assess risk, especially for underserved populations.
Solution
RiskSeal is a SaaS platform that provides alternative credit risk data through digital footprint analysis. By analyzing email addresses, phone numbers, and IP addresses across over 140 online platforms, RiskSeal generates a Digital Credit Score and provides over 300 alternative data points. This enables financial institutions to gain deeper insights into applicants, assess risk more accurately, and extend credit to previously underserved populations. The platform can be used as a standalone solution or integrated with existing risk management systems via API.
Target Audience
RiskSeal primarily targets online lenders, microfinance institutions, BNPL providers, neobanks, and traditional banks seeking to improve credit risk assessment and expand financial inclusion.
Features
- Digital footprint analysis across 140+ online platforms, including social media, e-commerce sites, and subscription services
- Real-time data retrieval and analysis, providing instant credit risk assessment
- Digital Credit Score based on AI-powered analysis of digital behavior and online activities
- Email lookup to discover social profiles, website registrations, and potential data breaches
- Phone number lookup to identify invalid numbers, virtual SIMs, and association with high-risk activities
- IP lookup to analyze network information, detect VPN or proxy usage, and identify geolocation
- Data enrichment to convert customer data into 300+ actionable insights
- API access for seamless integration with existing loan origination and risk management systems