DeltaPay selects Provenir’s AI-Powered data and risk decisioning platform to power its BNPL offerings

By Edlyn Cardoza

Provenir, a global leader in AI-powered risk decisioning software, announced that DeltaPay, an emerging FinTech headquartered in Kenya, has selected Provenir’s AI-Powered Data and Risk Decisioning Platform to power its Buy Now, Pay Later offerings.

“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,” said Kiprop Chirchir, CEO and co-founder, DeltaPay.

DeltaPay’s mission is to empower people through financial access and enable them to pursue prosperous and dignified lives. By leveraging alternative data, including behavioral data, DeltaPay provides more consumers with access to affordable and flexible credit. This allows them to improve their purchasing power and, ultimately, their livelihoods.

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.”

“DeltaPay is differentiating itself by creating a holistic view of an individual’s ability to pay through the use of alternative data,” said Adrian Pillay, Vice President of Middle East and Africa for Provenir. “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.”

Provenir’s industry-leading AI-Powered Data and Decisioning Platform’s ease of use and flexibility allows for smarter risk decisioning. The solution, managed through a single UI, empowers organisations to innovate further and faster than ever, driving the continuous optimisation they need to power growth and agility without increasing risk.