GDS Eurasia plays growing role in Turkey’s emerging fin-tech industry

Recently we have observed a significant increase in fin-tech activity in Turkey. Demand for such technologies as mobile payment systems, online lending platforms, mobile banking applications and social network data analytics has created a surge in the number of fin-tech startups, and existing companies focused on such solutions are realizing rapid growth.

Fortunately, the Turkish banking sector is extremely well equipped in terms of IT infrastructure, easing the adoption of these innovative products and services.

GDS Eurasia is involved with several of these emerging companies, lending our expertise in terms of sales, consultancy and joint product development.

One such start-up company is Kredico, who GDS Eurasia provides consultancy for the development of a credit assessment process for both retail customers and SMEs. This includes supporting scorecard development and the deployment of DataView360 and our Decision Engine, providing a robust platform to support future growth.

Kredico is a lead aggregator with a twist: It intends to create a borrower community through membership and screens its members’ credit applications before  leading them to lenders. Kredico also intends to use social network data for credit assessment in addition to conventional credit history and demographic data. With this innovative strategy, both borrowers and lenders can better manage their resources and increase efficiency.

Other GDS Link News

GDS Link is one of Dallas/Fort Worth’s Best and Brightest Companies to Work For® Winners
GDS Link Invited to Speak at 2017 LEND360
GDS Link offers analytics excellence in a shifting marketplace lending world
GDS Eurasia plays growing role in Turkey’s emerging fin-tech industry
Serent Capital Invests in GDS Link
GDS Link Celebrates 10-Year Anniversary in Leeds, UK Office
GDS Link Acquires Fraudscreen
GDS Link Named to the 2018 Inc. 5000 List of America’s Fastest-Growing Private Companies

Request a Demo

From loan originations and decisioning, to customer management and beyond, GDS Link helps thousands of clients manage risk while driving growth.