Grab Finance Expands Credit Access Across Southeast Asia Using FICO Platform, Delivering 22 Workflows in Six Countries

Core Insights - Grab Finance is enhancing credit access in Southeast Asia by utilizing the FICO Platform, implementing 22 decision workflows across six countries, and increasing credit offer eligibility rates by nearly 50% for its users [1][2] Company Overview - Grab Finance is the financial services division of Grab, a leading superapp in Southeast Asia, operating in sectors such as deliveries, mobility, and digital financial services, serving over 800 cities in eight countries [2] - The company aims to drive economic empowerment and financial inclusion for millions while maintaining a positive social impact and minimizing environmental footprint [2] Financial Inclusion Efforts - Grab Finance has been recognized with a 2026 FICO® Decision Award for its efforts in financial inclusion, having served over 46 million consumers and millions of merchants and drivers [1] - The company addresses the challenges of credit access in Southeast Asia, where over 700 million people face underbanked conditions, by leveraging behavioral data to create alternative risk models [1] Technological Implementation - The implementation of the FICO Platform allowed Grab Finance to automate credit eligibility assessments and deliver contextual, real-time credit offers, significantly improving access for underserved users [1] - The project was completed in under eight months, showcasing rapid deployment and the ability to navigate a fragmented regulatory landscape across different countries [1] Market Impact - Grab Finance's approach transforms everyday digital behavior into a "credit passport" for users previously invisible to traditional banking, thus contributing to economic transformation at scale [1] - The integration of compliance requirements into the credit decisioning framework demonstrates a strategic response to regional regulatory diversity [1]