JuicyScore, a global anti-fraud & risk management firm, has announced its global expansion plans to scale-up its operations to the Indian sub-continent. The company will offer anti-fraud solutions to NBFCs and Indian Micro financing businesses to reduce their online risk in the rapidly growing digital financing ecosystem in India.
With headquarters in Moscow and Singapore, JuicyScore provides technology solutions for fraud prevention in online business and financial products for risk reduction to 80+ clients across 21 countries.
On the expansion announcement, Mikhail Marchenko, Co-Founder at JuicyScore, said, “Projected growth of the digital lending ecosystem in India is $ 350 billion by the end of 2023. The sheer scale of this opportunity coupled with the Government of India’s push towards micro and medium online finance enterprises into the gambit of its financial inclusion vision puts India as one of our top 3 priority markets. Being the global leaders in anti-fraud and risk assessment, we are committed to bringing in best-in-class technology solutions to India and fostering the digital infrastructure of the country.”
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