Roda
About Roda
RODA provides financing solutions for gig economy workers in Latin America to access electric vehicles, increasing their income potential. They offer credit for e-bikes and motorcycles, using AI models to evaluate creditworthiness beyond traditional systems. RODA aims to increase financial inclusion for underserved individuals, enabling access to sustainable transportation.
```xml <problem> Gig economy workers and last-mile delivery personnel in Latin America often lack access to affordable financing for electric vehicles, hindering their ability to increase income and build credit. Traditional credit systems frequently exclude these individuals due to a lack of conventional credit history or documentation. This limits their access to sustainable and cost-effective transportation options. </problem> <solution> RODA provides financing solutions tailored for gig economy and last-mile delivery workers in Latin America, enabling them to acquire electric vehicles such as e-bikes and motorcycles. The company employs an AI-driven credit assessment model that goes beyond traditional metrics to evaluate creditworthiness, increasing approval rates for underserved populations. By providing access to electric vehicles, RODA helps workers increase their earnings, reduce transportation costs, and establish a credit history. RODA also manufactures its own e-bikes specifically designed for last-mile delivery. </solution> <features> - AI-powered credit scoring algorithm that analyzes alternative data to assess creditworthiness for individuals with limited credit history - Financing options for electric motorcycles and e-bikes, designed to lower transportation costs and increase income potential - GPS autolock system that enables vehicle immobilization and recovery in case of theft or default - In-house manufacturing of electric bikes optimized for last-mile delivery - Strategic alliances with public and private companies to expand financing options </features> <target_audience> The primary target audience includes gig economy workers and last-mile delivery personnel in Latin America who are seeking affordable financing options for electric vehicles. </target_audience> <revenue_model> RODA generates revenue through interest and fees charged on the financing provided for electric vehicles. </revenue_model> ```
What does Roda do?
RODA provides financing solutions for gig economy workers in Latin America to access electric vehicles, increasing their income potential. They offer credit for e-bikes and motorcycles, using AI models to evaluate creditworthiness beyond traditional systems. RODA aims to increase financial inclusion for underserved individuals, enabling access to sustainable transportation.
Where is Roda located?
Roda is based in Kogota.
When was Roda founded?
Roda was founded in 2022.
Who founded Roda?
Roda was founded by James Downer.
- James Downer - Founder & CEO at Roda
- Location
- Kogota
- Founded
- 2022
- Employees
- 15 employees