Credify Pro
Managing Credits with Credibility
What’s your problem statement?
FinTech: India needs its own way to assess creditworthiness beyond just credit scores. Can AI look at alternative data sources and predict it instead?
The problem Credify Pro solves
Credify Pro leverages alternative data and AI to provide fairer credit assessments, benefiting users without traditional credit histories. It offers increased loan flexibility by evaluating diverse financial factors. For lenders, the platform enables enhanced risk assessment and access to new customer segments, expanding market reach. By democratizing credit access, Credify Pro promotes financial inclusion and stimulates economic growth. Key features include AI-driven credit scoring, strong data privacy measures, and a user-friendly interface with clear insights. Ultimately, Credify Pro makes credit more accessible, empowering individuals and driving more equitable financial opportunities.
Challenges we ran into
We faced issues integrating IPFS to store JSON files in our platform. Additionally, since we were new to Flask, we encountered some challenges resolving CORS issues. Finding the right dataset was quite a hectic task, and building the model was the cherry on top. Keeping blockchain integrated with our system was a mess in itself, but we somehow managed to pull it off on time (Shout out to the 3am coffee!)
Also, working with OCR and ensuring the images were read in the correct format while the extracted information was relevant to the system was pretty daunting.
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