LenddoEFL Among Fast Company’s Top 10 Most Innovative Companies in Finance

The magazine recognizes LenddoEFL’s positive impact on financial inclusion by leveraging digital and behavioral data for risk management


Fast Company has recently selected LenddoEFL, the leading technology platform powering data driven decisions for financial services in emerging markets, as one of the Top 10 Most Innovative Companies (MIC) in Finance for 2018.

Most Innovative Companies provides both a snapshot and a road map for the future of innovation across the most dynamic sectors of the economy. “This year’s MIC list is an inspiring and insightful window into how many companies have embraced innovation and are working to make meaningful change,” said Fast Company deputy editor David Lidsky, who oversaw the issue with senior editor Amy Farley.

LenddoEFL’s focus on financial inclusion led the company to innovate and develop a universal, digital credit decisioning platform, capable of effectively assessing anyone, anywhere, at any time, on any device, regardless of having available credit history. The company creates and collects opt-in digital and behavioral data combined with intelligent algorithms and AI to deliver highly predictive insights for real time decision making, helping financial institutions grow their businesses whilst managing risk and driving efficiency, resulting in increased profitability.

Beyond pioneering credit risk and verification to serve previously unserved individuals and small business owners in developing countries, LenddoEFL has consistently improved it’s algorithms, innovated with new data and continues to develop new products.

Fast Company’s Most Innovative Companies issue (March-April 2018) is now available online at, as well as in app form via iTunes and on newsstands beginning February 27.

About LenddoEFL
LenddoEFL’s mission is to provide 1 billion people access to powerful financial products at a lower cost, faster and more conveniently. We use AI and advanced analytics to bring together the best sources of digital and behavioral data to help lenders in emerging markets confidently serve underbanked people and small businesses. To date, LenddoEFL has provided credit scoring, verification and insights products to 50+ financial institutions, serving 6 million people and lending $2 billion USD. Find more information at

LenddoEFL and Orient Commercial Bank join together to serve the unbanked of Vietnam