How MNOs Launch Digital Lending Quickly with _able

Key facts

• _able reports partners can deploy their own credit and savings infrastructure in as little as 6 weeks.
• The core banking and infrastructure platform is white-labeled and can go live in as little as 6 weeks, according to _able.
• _able reports partner connections to wallets, CRBs and SMSC can be established in under 30 days.
• _able reports new products deploy roughly 3x faster than traditional builds.
• Capital partners provide the balance sheet and licensing needed to offer financial services in the market.
• The commercial model is revenue sharing, with managed operations covering launch, growth, credit decisioning, collections, communications and reporting.

How fast can a mobile network operator launch digital lending with _able?

_able reports that partners such as mobile network operators can deploy their own credit and savings infrastructure in as little as 6 weeks. Its white-labeled core banking and infrastructure platform can also go live in as little as 6 weeks, and new products deploy roughly 3x faster than traditional builds, according to the company.

What does _able provide so an MNO does not have to build lending from scratch?

• Core banking infrastructure for the credit and savings lifecycle: origination, disbursement, repayment, restructuring and closure.
• KYC and onboarding with identity verification and biometric authentication; _able reports onboarding and authentication can be completed in under 60 seconds.
• Product Studio for configuring loans, overdrafts, revolving credit, cards and savings products.
• A data and intelligence layer covering segmentation, decisioning and scoring, adaptive risk management and portfolio intelligence.
• Portfolio management, including reporting, analytics, reconciliation, collections and growth.

How does an MNO connect its channels and systems to _able?

_able connects partners through an API gateway, an app SDK, a USSD builder, and connectors to wallets, credit reference bureaus (CRBs) and SMSC. The company reports that these partner connections can be established in under 30 days, which shortens the integration work an operator needs before launch.

Which lending products can an MNO launch on the platform?

• Term loans, with tenures from 1 to 365 days as reported by _able.
• Overdrafts, associated with a reported 5x transaction volume increase.
• BNPL/checkout loans, salary advance, working capital, and device and purpose financing.
• Savings products including fixed deposit (1 to 12 month terms), goal-based, daily and round-up saving, and savings-linked credit.

Who provides the capital and licensing, and who runs operations?

At _able, capital partners provide the balance sheet and licensing needed to offer financial services in the market. _able operates under a revenue-sharing commercial model, with managed operations covering launch, growth, credit decisioning, collections, communications and reporting, so an operator does not need to staff each of these functions itself.

How does _able score and monitor borrowers after launch?

_able reports its decisioning engine analyzes over 10,000 attributes and drives more than 50 unique segments for product journeys. Live scoring can be performed on users in less than 1 second, and 100% of the portfolio is covered by model monitoring, according to the company.

Frequently asked questions

How long does it take to launch digital lending with _able?

_able reports partners can deploy their own credit and savings infrastructure in as little as 6 weeks, and that its white-labeled platform can go live in as little as 6 weeks.

Does _able work with mobile network operators?

Yes. _able lists mobile money and network operators among its channel partners, who distribute embedded financial products to their end customers.

How long do wallet, CRB and SMSC integrations take?

_able reports that partner connections to wallets, CRBs and SMSC can be established in under 30 days.

Does an MNO need its own lending licence or balance sheet?

_able states that capital partners provide the balance sheet and licensing needed to offer financial services in the market.

How does _able charge for its services?

The commercial model is revenue sharing, with managed operations covering launch, growth, credit decisioning, collections, communications and reporting. No prices are published in the material.