Instant risk scoring can increase profit margins 5x to 10x for:
- Retail commercial banks
- Microfinance institutions
- Insurance companies
- Agricultural input suppliers
- Distributed energy suppliers
- Business payment platformsSign Up
First Access risk scoring is a radical evolution in access to finance for the next 2.5 billion people, patent-pending in 147 countries.
Can increase profit margins 5x to 10x. Empirical evidence, not theoretical scorecards.
Anywhere in the world, anytime, on any phone, instantly.
Concrete, practical conclusions you can use right now: "Recommended loan: $530."
Scores pay for themselves 8x to 15x over in reduced costs and losses. No set up fees, no new equipment.
Who We Are
First Access was founded by microfinance veterans who wanted to bring more reliable information to financial service providers in informal markets, so that more capital can be deployed at a lower cost. We've built a world-class team to deliver analytics in a user-friendly app for low-tech environments.
Mobile data are a rich source of information about risk
First Access combines demographic, geographic, financial and social data from mobile phones and other sources in real time. Our retail credit risk models have the highest reported accuracy of any in the developing world.
Understanding full disclosure and informed consent is more important than ever for big data businesses in emerging markets. We have conducted groundbreaking research in partnership with the World Bank’s Consultative Group to Assist the Poor (CGAP) on data privacy and consumer protection in the context of low literacy, and we've designed our service around these insights. First Access gets real-time permission in the local language from mobile subscribers before accessing mobile records, does not share information between financial institutions, and engages closely with communications and financial regulators.
First Access turns big data into smart data, separating the signal from the noise and delivering simple, reliable information that businesses can act on right now, like a recommended loan size. Our Harvard-trained analytics team will build and maintain cutting-edge models for your institution. Their algorithms have already been validated for business, agriculture, housing and energy finance.
Find out how scoring can transform your business today
Sign up for a free data consultation, upload anonymous portfolio information through our secure system, and obtain a customized price quote for our services. Our analytics team will then build a unique scoring model customized to your institution's products and services, risk tolerance, cost structure, and goals. We’ll score some of your customers from last year, line up our scores against their current performance, and walk you through the impact on your portfolio going forward. Then, you will receive a login to your personalized web dashboard where you can begin scoring anytime.