Data and Risk Scoring Platform Empowering Fintech to Excel in SME Lending

Currently, only about 10% of SMEs in Vietnam have access to bank credit, revealing promising potential for alternative lending models such as Fintech. However, Vietnam’s Fintech platforms for SME lending have yet to achieve breakthroughs comparable to many regional markets despite strong growth since 2013 with technological advantages and flexible approaches.

Currently, only about 10% of SMEs in Vietnam have access to bank credit, revealing promising potential for alternative lending models such as Fintech. However, Vietnam’s Fintech platforms for SME lending have yet to achieve breakthroughs comparable to many regional markets despite strong growth since 2013 with technological advantages and flexible approaches. 

One of the main reasons is that SME data in Vietnam remain incomplete and fragmented, while there is a lack of reputable Data & Analytics (D&A) service providers. This limits the effectiveness of SME lending activities, as Fintech platforms must rely heavily on manual data collection and credit assessment processes, increasing costs and prolonging processing times. 

👉 FiinGroup’s Corporate Risk Score provides a transparent and automated risk assessment model that enables Fintech platforms to operate smoothly: streamlining data collection and credit assessment, optimizing costs and resources, and proactively managing risks in SME lending activities. 

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