NewsFinTech / Payments

Mastercard and Iscore Join Forces to Study Building a New Scoring Model Powering Digital Lending

In Digital Transformation

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EgyptInnovate
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Mastercard, in collaboration with The Egyptian Credit Bureau – iscore, announced a strategic partnership to study building a new scoring model that advances Egypt’s digital lending future and deepens financial inclusion.

This collaboration marks the next chapter in Mastercard’s commitment to empower lenders with faster, smarter, and more inclusive insights.

Advanced Analytics

By leveraging Mastercard’s trusted network and advanced analytics, the new scoring model enables lenders to make more informed credit decisions, helping individuals access financing opportunities that were previously out of reach.

Financial Inclusion

“This collaboration with iscore represents a pivotal milestone in accelerating Egypt’s financial inclusion agenda,” said Selin Bahadirli, Executive Vice President, Services, Eastern Europe, Middle East and Africa at Mastercard. “Together, we are laying the foundations for a resilient, secure, and digitally empowered financial ecosystem that connects more Egyptians to the digital economy.”

Credit Innovation Journey

Mohamed Korayem, CEO and Managing Director at iscore, commented: “iscore has always been at the forefront of Egypt’s credit innovation journey. Together with Mastercard, we are redefining how creditworthiness is assessed, bringing more Egyptians into the formal financial system and helping lenders manage risk more effectively through the power of behavioral analytics.”

Financial Services

“At Mastercard, we believe innovation in financial services should empower everyone, individuals, small businesses, and financial institutions alike,” added Mohamed Assem, Country Manager for Egypt, Iraq, and Lebanon at Mastercard. “Our work with iscore underscores our commitment to enabling inclusive growth through technology and data-driven insights.”

Financial Future

Building on the recent launch of Mastercard Credit Intelligence, this model represents a first-of-its-kind innovation in Egypt at a national scale.

By bridging data gaps and creating a more holistic view of financial insights, Mastercard and iscore are helping Egypt advance toward a more inclusive, digitized, and sustainable financial future.

Source: Press Release

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