FEATURE: FINANCIAL SERVICES
THE PARTNERSHIP UNLOCKS LENDING FOR GIG ECONOMY WORKERS USING ALTERNATIVE DATA AND INDRIVE’ S UNDERSTANDING OF DRIVER BEHAVIOR.
Behind the Tech: Q & A with Alexander Karpin, Head of Product, inDrive. Money
Karpin talks us through the technology behind inDrive. Money’ s partnership with R2.
The partnership unlocks lending for gig economy workers using alternative data and inDrive’ s understanding of driver behavior. This integration enables access to formal credit from within the app, allowing drivers to build credit histories. R2’ s platform uses advanced analytics and AI to score data such as ride frequency, income consistency and app activity.
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