ABOUT

The Carrington LabsStory

BOOK A CALL

Building smarter lending solutions

Our explainable AI-powered solutions are designed to increase access to safe and affordable loan products through solutions that enhance borrower visibility and optimize loan limits.

At Carrington Labs we aim to achieve the following.
Carrington Labs arrow

Provide a more complete picture of creditworthiness beyond traditional scores.

Carrington Labs coin

Adapt to the evolving customer profiles and risk factors.

Carrington Labs phone

Support the diverse range of modern lending products.

OUR ORIGINS

Why we started

Traditional credit scores, developed in 1989, have not evolved to meet the needs of today’s diverse financial landscape.

Customer profiles and risk factors have changed, as have the types of lending products offered and the range of data now available with the emergence of new and different digital practices.
‍
Carrington Labs was founded to address these gaps, aiming to increase access to safe and inclusive loan products.
‍
The solutions we offer provide a comprehensive view of credit risk, helping lenders make more informed and inclusive decisions.
WHY CARRINGTON LABS?

Leading the way in AI-powered lending

Carrington Labs is a team of data scientists and engineers focused on creating enhanced credit risk scoring and loan management solutions powered by AI.

The way we use data and explainable AI to build credit risk scoring and lending solutions that have been validated is what sets us apart.
Data-driven
Our explainable AI risk models have been trained on more than 1 billion data points to deliver precise insights.
Proven track record
Our solutions are built from the same systems that have issued over $1 billion in loans and originate 35,000 loans each week through an Australian consumer lender.
Skin in the game
Our Australian consumer business serves as our R&D lab to test and refine our technology. We lend our own money to consumers using these models and systems.

Launch into the future of lending

book a call
Carrington Labs is a registered business of Beforepay Group Limited, Suite 9.01, 77 Castlereagh Street, Sydney NSW 2000. Copyright © 2024 Beforepay Group Ltd, ABN: 63 633 925 505. Terms and conditions apply. New customers are subject to eligibility criteria.

This service is not currently offered in  China, Russia or Taiwan. If you are interested in our solution, please contact us at hello@carringtonlabs.com

Beforepay Group Limited and its Beforepay goods and services are in no way sponsored, approved or affiliated with Quadpay Inc., Openpay Pty Ltd, Afterpay Pty Ltd, ZipMoney Payments Pty Ltd and their associated entities/affiliated companies.