Ayannah launches Juan Credit™, an AI-powered Credit Scoring Service for the Unbanked in Emerging Markets

Manila, Philippines – Press release

Ayannah, the leading provider of affordable and accessible digital financial services for emerging markets has partnered with Bayad Center, the bills payment subsidiary of Meralco, the Philippines’ largest electric utility to launch Juan Credit™, the first artificial intelligence-powered credit scoring system for the unbanked in emerging markets. 

The Bangko Sentral ng Pilipinas (Central Bank of the Philippines) estimates that over 87% of Filipinos remain unbanked and thus, financially excluded.  Ayannah and Meralco aim to provide this huge segment of the population with better access to essential financial services such as personal loans, small business loans, home and auto loans as well as insurance products that will increase their quality of life.

Using recently declassified artificial intelligence technology developed by the United States intelligence services, JuanCredit™ will analyze unstructured data from various sources – bills payment, mobile tops, insurance premium payments, social media profiles – to provide meaningful credit scores for unbanked Filipinos and provide banks, financing companies, insurers and property developers with a system that will instantaneously and continuously update a borrower’s credit worthiness and insure sound underwriting.

Ayannah’s CEO Mikko Perez states, “We developed a software system that uses deep learning, a form of artificial intelligence technology that will analyze unstructured data to find recurring patterns of payment behavior that will indicate an individual’s willingness and ability to pay financial obligations promptly. This allows us to build credit scores even for individuals with little or no formal credit information but who may actually be good candidates to obtain credit.”

Bayad Center’s CEO Manny Tuason adds, “We are excited to partner with Ayannah to launch JuanCredit™ – a service that is sorely needed by many Filipinos.  We will leverage the very large data set of payment information that Bayad Center has built over the years to spur financial inclusion for the majority of Filipinos who do not have access to financial services.”


Ayannah and Bayad Center will launch Juan Credit™ in the first half of 2017 after launching the JuanCredit™ online marketplace that will allow leading banks, financing companies and insurers access to JuanCredit™ scores.  The JuanCredit™ online marketplace will be open to all banks, financing companies and insurers to provide JuanCredit™ members with as many options for financing services as possible to meet their growing needs.


About Ayannah

Ayannah is a leading provider of affordable and accessible digital financial services to the world’s emerging middle class, many of who are migrants and/or unbanked.  We operate the Sendah™ suite of online platforms enabling financial services for migrants and/or unbanked communities.  We operate a market-proven stack of digital financial services – from payments, commerce and analytics – serving our customers globally.

About Bayad Center

Bayad Center is the Philippines’ pioneer and leader in the Outsourced Payment Collection Industry. With over 200 types of bills accepted in its more than 5,000 over-the-counter payment locations in the Philippines, and the introduction of its online and mobile payment facility, Bayad Center has continually evolved, making it the top-of-mind Multi-Channel Payment Platform in the country. Bayad Center was established in 2007, and is a wholly-owned subsidiary of the Manila Electric Company (Meralco), the largest electric distribution company in the Philippines.