General

About Company
Yabx simplifies financial access for the unbanked in emerging markets.

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Also Known As

Yabx

founded date

01.12.2017

Number of employees

Company Type

For Profit

IPO status

Private

Description

Yabx leverages mobile devices and digital footprints to provide financial control and choice to underserved populations. Through partnerships with telecom operators, banks, microfinance institutions, and others, Yabx reduces the cost of delivering financial services and offers tailored digital loan products ranging from $15 to $500. These loans are based on individual credit scores determined by advanced analytics using mobile usage data. Yabx, incubated by Mahindra Comviva, operates in multiple locations and aims to democratize financial access for over two billion unbanked individuals in Africa, Asia, and Latin America.
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