Fintech Use Case
Device-Secured Fintech & Lending
Unlock alternative collateral signals by verifying device ownership and value for micro-lending decisions.
The Challenge
Lenders in emerging markets often lack traditional credit scores. They need objective, real-time data to assess a borrower's creditworthiness and the value of their mobile assets used as collateral.
The Daabo Solution
Daabo provides a "verified asset signal." By performing a background check on the borrower's device—verifying its market value, ownership history, and health—lenders can make more informed micro-loan approvals with lower risk.
The Business Impact
Expanded access to credit for unbanked populations while maintaining a default rate 25% lower than traditional non-collateralized lending.
