After announcing its entry into the Kenyan market recently, JuicyScore has now appointed Chris Akolo as its Regional Business Development Director for Kenya.
The global leader in anti-fraud and risk management solutions says Mr. Akolo will be in charge of risk management and antifraud for online businesses within the East Africa region.
In his new role, he will focus on expanding the company’s business in digital lending, banking, insurance sub-industries and other industries via building a solid pipeline of prospects and managing client portfolio in Kenya.
He will also help the Digital financial industry with automated usage of alternative data by Digital lending providers in determining their credit score and fraud prevention; increase the call for financial inclusion as a critical pillar in the country’s vision 2030 by utilizing device scoring (alternative data), especially to the unbanked (new to credit) or low-income earners; and increase revenue and coverage in East Africa Market.
JuicyScore offers anti-fraud and risk management solutions to digital lenders, insurance companies, e-commerce and classifieds and create technologies for fraud prevention in online business and financial products risks reduction.
Headquartered in Singapore and Dubai, the firm provides cutting-edge solutions to 80+ clients across 25+ countries. The core competitive advantage is that company does not utilize personal or sensitive data and direct consumer identifiers.
“Alternative data is perceived to have significant potential to improve the status quo by enhancing the accuracy of lending scores through achieving better risk separation and rendering many clients able to access credit facilities”. Mr. Akolo said.
A graduate of the University of Nairobi, Kenya (Bachelor of Commerce-Marketing), Mr. Chris Akolo is a highly accomplished, deeply driven, development expert with more than 10 years experience working for licensed credit bureaus in Kenya.He is also commercially astute with extensive experience in client acquisition, business, and portfolio development.