Periculum is a credit and data analytics company offering solutions to help financial institutions assess creditworthiness and make informed lending decisions. The company's platform uses existing financial and non-financial datasets to provide credit scoring and data analytics services. Their product suite includes Insights, which provides predictive analytics for customer financial assessment; Prolific, an AI chatbot for customer service and employee onboarding; Fraud Detect for identifying suspicious transactions; and Periculum Connect, an AI platform connecting students to financial partners in Canada for various financial services. The company also offers Precision, a data enrichment product that helps financial institutions profile customers by extracting permission-based financial information from mobile devices. Their business model operates through API calls and subscription fees for their analytics services. Founded in 2019, Periculum utilizes data sources such as National Identity Numbers (NIN), Bank Verification Numbers (BVN), and mobile transaction data to assess creditworthiness.
Key customers and partnerships
Periculum has established partnerships with several financial institutions in Nigeria, including Lendaba, Sycamore, Golden Ox Partners, Vola Africa, Venero, and Fundii. The company also maintains a working arrangement with API fintech company Mono.
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