DeltaPay Selects Provenir’s AI-powered Data and Risk Decisioning Platform

DeltaPay Selects Provenir's AI-powered Data and Risk Decisioning Platform
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A pioneer in AI-powered risk decisioning software, Provenir, recently revealed that Kenya-based DeltaPay, an up-and-coming FinTech, has chosen Provenir’s AI-Powered Data and Risk Decisioning Platform to power its Buy Now, Pay Later offerings.

Kiprop Chirchir, CEO and co-founder, DeltaPay, said, “Our mission is to provide millions of unbanked and neglected segments of society with access to affordable credit. In our quest, we sought a like-minded partner to complement our business model and help us scale.”

Chirchir continued, “Provenir’s architectural design, platform flexibility and technical capabilities set them apart from their competitors. The Provenir Marketplace provides easy access to financial and behavioral data partners through a single API, which not only makes technical implementation easier but also enables us to go to market faster. Following our launch in Kenya, we plan to scale our operation to other regions including Uganda, Tanzania, Rwanda, DRC, Nigeria and Ghana in the next five years. Provenir will be our partner of choice in this expansion plan.”

The purpose of DeltaPay is to give people access to finance, enabling them to live fulfilling lives. DeltaPay gives more consumers access to affordable and flexible credit by leveraging alternative data, including behavioral data. As a result, they can increase their purchasing power and, ultimately, their standard of living.

Adrian Pillay, Vice President of Middle East and Africa for Provenir, said, “DeltaPay is differentiating itself by creating a holistic view of an individual’s ability to pay through the use of alternative data. Our AI-Powered Data and Decisioning Platform provides the data, AI, and decisioning capabilities needed to help DeltaPay eradicate financial exclusion and improve the customer experience by consistently removing friction from the process for both consumers and merchants. We are excited to partner with them on this journey.”

The ease of use and flexibility of Provenir’s industry-leading AI-Powered Data and Decisioning Platform enable smarter risk decisioning. A single user interface (UI) is used to manage the solution, which enables businesses to innovate more quickly and thoroughly than ever before. This promotes the ongoing optimization required to support growth and agility without raising the risk.

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