Combatting the current non-inclusive system in which electronic payments are expensive, and financial institutions inaccessible, RedCloud’s AI technology creates alternative credit scores for the unbanked. Through our singular marketplace, we streamline and expand the provision of digital services.
View accurate credit scores, generated using AI based on transaction history and profiles
No need for a bank account
Key digital services
Access credit, insurance and other financial services on the app
Receive digital payments instantly to your RedCloud account
Message and notification-based reminders about upcoming instalments
Offer flexible payment terms
Accurate credit scores form the basis of credit provision
Businesses offer customers tailored, risk-aligned lines of credit
Automated reminders facilitate accurate, and timely payments from customers
Example Use case
With newly acquired credit history on the RedCloud marketplace, merchants access quick credit and insurance to foster business expansion and increased cash flows to pay their suppliers. Payment of credit instalments is made digitally from their RedCloud account.