Betascore, established in 2015 by Josh Ojo, helps African immigrants build credit history in new countries. It offers a credit-building platform that uses alternative data points beyond traditional credit scoring models. Betascore's algorithm factors in remittance, utility, and rental history to create a financial profile for users, helping them secure credit cards, auto loans, and mortgages in North America and Europe. The AI-powered credit scoring model has seen a 90% improvement rate in users’ credit scores.
| Date | Round | Amount | Lead |
|---|---|---|---|
| May 20, 2025 | — | — |