New MicroMoney Int. Senior advisor Mr. Steven John Kraus will help company to cooperate with the UN

New MicroMoney Int. Senior advisor Mr. Steven John Kraus will help company to cooperate with the UN
 
Steven John Kraus, former Asia Regional Director for UNAIDS joins the MicroMoney as a senior advisor after 30 years in the United Nations. Previously he served with distinction at World Health Organization and United Nations Population Fund UNFPA. His presence as an advisor will help MicroMoney to start cooperation with the United Nations. 
 
The new addition to the team will be particularly relevant as MicroMoney, a pioneer blockchain credit bureau for more than two years has been operating in Asia, now starts operations in new markets, including Africa, Latin America, Russia and the USA.
 
MicroMoney solves the problem of inclusion of the unbanked people into the world economy by providing social loans which can be obtained with the help of the special MicroMoney mobile app. MicroMoney makes lending decisions using proprietary, A.I. algorithms, machine learning, and Big Data-based mobile scoring system. Their lending process doesn’t require any collateral or paper-based documentation. Instead, the company collects customers’ opt-in mobile phone data to establish a potential borrower’s credit worthiness. The system sets a credit rate and identifies potential credit risks with an accuracy of more than 95%. There is no doubt that these technologies can change not only banking industry, but the way people consume, spend and save their money.
 
“Mr. Kraus’s reputation and network developed over his career opens up new avenues for collaboration with the World Bank and International Monetary Fund (IMF) for MicroMoney Intl.,» — said Anton Dzyatkovsky, MicroMoney co-founder. “We are proud and grateful to welcome him to the MicroMoney team along side his son Benjamin Edward Kraus, who already serves as the Business Development Director for MicroMoney in the United States.»
 
 
About MicroMoney
Founded in 2015, MicroMoney International (micromoney.io) is a global fintech company offering financial services for the unbanked in the emerging markets, and access to the unbanked audience for banks, trade, and financial organizations. MicroMoney is a fast-growing company valued at $1.85 million, with over 85 employees in six international locations.
MicroMoney uses the score to generate credit profiles, stored with MicroMoney Blockchain Credit Bureau, which in turn shares this data with financial institutions worldwide. For more information please visit: https://micromoney.io/

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