Digital Lending Pilot

Providing digital credit based on data and transaction histories for existing and new credit union customers.


A Needed Service

The Hub C Digital Lending Pilot is aimed at providing access to timely, targeted credit, specifically for underserved youth and female-owned businesses. This is being accomplished through the design and implementation of tools that automate lending processes and accurately record business interactions that build credit history.

A Scalable Solution

A machine-learning credit scoring algorithm using multiple, nationwide data sets, was developed in partnership with CB Cooperativa in Ecuador in late 2023 to automate lending and create customer profiles that could drastically expand loan offerings to specific segments of both new and repeat customers. Hub C has the vision to offer this solution to all credit unions in Ecuador, as well as credit unions in other Latin American countries.