"Investors have committed new capital to fintech company MyCredit, backing its strategy of scaling technology-driven credit platforms rather than a conventional lending operation. The investment reflects a broader shift in fintech funding toward platforms where software, data infrastructure and AI form the primary drivers of innovation, growth, enabling companies to expand across markets without proportional increases in staffing or operational complexity."
"MyCredit's platform is designed to automate and innovate large parts of the credit lifecycle - from application assessment to risk scoring - using real-time data processing and machine-learning-based models. Industry analysts note that this architecture is particularly suited to expansion in regulated and emerging markets, where speed, transparency and consistency are critical. Rather than allocating capital toward rapid loan book expansion, the investment was driven by MyCredit's long-term platform strategy, market participants say."
Investors committed capital to MyCredit to scale a technology-driven credit platform instead of funding a conventional lending operation. The funding reflects a fintech shift toward platforms where software, data infrastructure and AI drive innovation and growth, allowing expansion without proportional increases in staffing or operational complexity. MyCredit’s platform automates large parts of the credit lifecycle—from application assessment to risk scoring—using real-time data processing and machine-learning models. The architecture supports expansion in regulated and emerging markets by prioritizing speed, transparency and consistency, embedding risk management and regulatory logic into the technology stack for repeatable, technology-led growth. Aleksandr Katsuba led investor engagement and positioned the proprietary stack as core value.
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