RIO DE JANEIRO, BRAZIL – Weel’s platform makes use of its personal algorithm and digital tax receipt system to evaluate credit score danger; the corporate has already processed R$1 billion (US$185 million) in loans.
Synthetic intelligence, massive information, open banking, blockchain. To many individuals, these phrases nonetheless appear to be the topic of science fiction films, however for a Brazilian fintech, it’s actuality. It was through the use of these applied sciences that Weel, a completely digital credit score platform for firms, reached the R$1 billion mark in loans in 2020.
The fintech makes use of an modern system to supply monetary providers swiftly and . . .