Kreon Financial applies Big Data technology to the businesses in its ecosystem. Keon Financial's latest StuCred app leverages a Big Data model to offer loans. Following a comprehensive risk assessment process drawing on relevant models, user data and other relevant data, Kreon Financial developed -2-1-0- online lending, that is, a service standard characterized by a 2-minute application process, and a 1-second loan granting process and all with zero manual intervention. It aims to provide credit totaling over $20 million to over 10 lakh college students over the next 2 years, helping them tackle short-term financial constraints, emergencies and build a positive credit score even before employment.
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