New FinTech uses AI for loan services

ThirdRoc Founders, Shivnil Maharaj and Ritesh Nain

A new Fiji FinTech company is pioneering technology that’s designed to streamline the lending process through the use of artificial intelligence.

ThirdRoc’s platform will allow lenders, such as early partner Merchant Finance, to undertake credit risk analysis on prospective borrowers using machine learning models drawing from traditional and non-traditional datasets, to accurately predict future repayment ability. 

ThirdRoc launched the platform in July and once it has a strong foothold in Fiji, plans to expand the service to peer-to-peer lenders and to the . . .

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