Omnisient Wins Most Innovative Financial Inclusion Technology Award for Enabling Credit Access to the Unbanked in Africa
Omnisient, the South African FinTech that uses advanced analytics to enable the rapid discovery and monetization of data for financial inclusion, has won the Most Innovative Financial Inclusion Technology of the Year at the Africa Bank 4.0 Awards 2023. The award ceremony, held in Nairobi, Kenya, recognizes companies and individuals that have made a significant impact on financial inclusion across Africa.
Omnisient’s platform has been recognized for its ability to enable banks to accelerate the discovery of alternative data for credit scoring of unbanked individuals, resulting in growing financial inclusion in Africa. According to the World Bank, 1.7 billion people lack access to formal financial services, making it difficult to access housing, education, healthcare, and even capital t...