Mathesis CEO: Driving Records Indicate Credit Worthiness

The CEO of Mathesis explains that the company was inspired by the need for improved access to credit. By utilizing available technology, Mathesis aims to assist banks in lending more effectively and help consumers access credit.

He highlights that the current economic environment has led to increased borrower distress and defaults. The CEO emphasizes the role of fintech in collecting and interpreting data that banks do not currently hold, allowing for better decision-making.

He compares the evolution of data analytics to the transition from standard to high-definition television, illustrating how Mathesis enhances data quality for banks. The CEO notes that since 2017, the company has significantly improved its data analytics capabilities.

He also points out that unbanked individuals often do not engage with banks due to perceived value issues, which fintech can address through technology.