NEWSWIRETODAY Press Release& Newswire Distribution | HOME
MOST TRUSTED NEWSWIRE PRESS RELEASE DISTRIBUTION
PRTODAY / NewswireToday press release distribution service network
Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Juvo Recognized by Frost & Sullivan for Best-in-Class Technology Innovation and Leadership in the Latin American Inclusive Digital Credit Industry - Juvo leverages its cutting-edge identity-scoring technology to address the challenges of financial inclusion enabling millions of consumers to gain access to fair financial services - Juvo.com
Juvo Recognized by Frost & Sullivan for Best-in-Class Technology Innovation and Leadership in the Latin American Inclusive Digital Credit Industry

 

NewswireTODAY - /newswire/ - San Antonio, TX, United States, 2023/08/24 - Juvo leverages its cutting-edge identity-scoring technology to address the challenges of financial inclusion enabling millions of consumers to gain access to fair financial services - Juvo.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Financial / Legal / Venture Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Frost & Sullivan recently researched the inclusive digital credit industry and, based on its findings, recognizes Juvo with the 2023 Latin American Technology Innovation Leadership Award. Juvo is a trendsetting fintech company established in 2014 that leverages its highly differentiated identity and credit scoring solutions to establish financial identities and support inclusive credit services in various Latin American countries, such as Brazil, Paraguay, Bolivia, Colombia, El Salvador, Guatemala, and Honduras.

The fundamental value of Juvo’s vision is to capitalize on data from mobile transactions to offer individuals access to credit through its exclusive credit analysis platform. The platform relies on solid financial indicators to gather information on mobile user behavior, such as creditworthiness and customer preferences, to determine lending potential and credit risk. Furthermore, Juvo partners with world-class mobile operators to tap into usage patterns around prepaid mobile services and address the coverage gaps of traditional credit bureaus. As a result, its state-of-the-art technology makes Juvo’s assessment highly efficient and accurate. Additionally, it facilitates the inclusion of a demographic segment into the financial system that would otherwise have no access to credit due to insufficient financial data.

“By applying predictive analytics, data science, and behavioral analytics to incremental borrowing and repayment transactions, Juvo has built 250 million financial identities worldwide, driving financial and credit inclusion of 68% of the global adult population with no formal credit histories,” said Nikita Pradeep Talnikar, research analyst at Frost & Sullivan.

In Brazil, Juvo has been providing micro-loans to the prepaid population of millions of Brazilians via their mobile devices, amassing a unique data set and proprietary scoring algorithms on almost 100% of the population. Combining this proprietary data with proven algorithms, Juvo can uniquely target, score and provide fair financial services to the sub-prime Brazilian market with unprecedented repayment rates. Juvo’s services are enabling ultra-competitive interest rates to be offered, fundamentally changing the economics of sub-prime financial services to unlock a multi-billion market that to date has been uneconomical all the while enabling millions and millions of D & E class Brazilians to gain access to credit often for the first time. Juvo’s impressive efficiency is driving the company’s tremendous growth in large markets such as Brazil, where its deep understanding of consumers and their consumption patterns has enabled it to offer credit to over 11 million Brazilians.

“Juvo’s concentrated efforts toward making data-backed lending decisions have been the bedrock of its commercialization success”, noted Talnikar. Along with direct-to-consumer strategy, Juvo has partnered with other financial services and retail marketplaces who also identified the big opportunity and competitive advantage to expand financial services to millions of underserved consumers.

With its strong overall performance, Juvo earns Frost & Sullivan’s 2023 Technology Innovation Leadership Award in the Latin America inclusive digital credit industry.

Each year, Frost & Sullivan presents this award to the company that has developed a product with innovative features and functionality that is gaining rapid acceptance in the market. The award recognizes the quality of the solution and the customer value enhancements it enables.

Frost & Sullivan Best Practices awards (frost.com) recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.

About Juvo

Juvo (juvo.com) is a pioneer of financial identities for the underbanked. The company’s mission is to create the YES Economy by closing the information gap for the 3.9 billion people worldwide who are locked out of the formal economy due to a lack of credit history. In partnership with leading mobile network operators and financial institutions, Juvo leverages previously untapped data sources to build comprehensive financial identities, allowing billions of underbanked consumers to qualify for credit and other financial services at dramatically lower interest rates often for the first time.

Headquartered in San Francisco with regional headquarters in São Paulo, Juvo’s has built over 270 million financial profiles and unlocked more than a billion transactions to date. For more information, find us at

Contact: Murilo Menezes - GM, Latin America | Juvo
E: murilo.menezes[.]juvo.com.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Financial / Legal / Venture Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick NewswireToday Visibility Checker

 

Distribution / Indexing: [+]  / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Financial / Legal / Venture articles,
CATCH Visitors via Your Competitors Announcements!


Juvo Recognized by Frost & Sullivan for Best-in-Class Technology Innovation and Leadership in the Latin American Inclusive Digital Credit Industry

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name NewswireToday and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
Frost & Sullivan | Juvo
Contact: Ashley Weinkauf - Frost.com 
877-463-7678 ashley.weinkauf[.]frost.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Financial / Legal / Venture via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Financial / Legal / Venture Most Recent Related Newswires:

TRA Welcomes Seasoned Retirement Plan Consultant to Northwestern Sales Team
TRA Bolsters Distribution Team Across Rocky Mountain Region
The IRS Announced A Surprising Increase of 2.1% in Tax Refunds Over the Previous Year
3D Chess Media Reveals How Digital Banking Boosts Savings
Online Bank Collaborations - 3D Chess Media and Third-Party Apps by Digital Banking Giants
Fast Background Check Evolution - A Comprehensive Analysis by 3D Chess Media
3D Chess Media Reveals the Future of Identity Security with Biometrics
3D Chess Media Rolls Out Groundbreaking Credit Improvement Tools in Latest Release
3D Chess Media Publishes New Report on Extended Car Warranties
Key Debt Relief Firms Collaborate with 3D Chess Media
Extended Car Warranty Providers Elevate Standards for Quality and Customer Satisfaction, Reports 3D Chess Media
ALM’s Law.com Radar Trend Detection Wins a Folio Eddie & Ozzie Award for Editorial Excellence
The Retirement Advantage (TRA) Strengthens Distribution Team in the Southwest
The Retirement Advantage, Inc. Welcomes Nic Irick to Bolster Regional Plan Consulting Team
NCR Delivers Robust Payments and Accounting Functionality for Small Businesses through Autobooks Partnership

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  La Bella Bakery Artisan Bakery Arizona

Visit  JobsWare.com





 
  ©2005-2024 NewswireToday — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com newswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are proudly NOT affiliated with USA TODAY (usatoday.com)