- Colendi is developing a decentralized credit scoring protocol on blockchain to provide credit access to the billions of people who currently lack access. It aims to assess creditworthiness more accurately than existing systems by using alternative data sources like mobile and social media data. - The current financial system excludes over 2.5 billion "unbanked" adults who have no credit scores and therefore limited access to loans and financing. Colendi seeks to address this through its decentralized scoring model. - Colendi has launched pilot programs with several large companies in Turkey and signed contracts with payment/fintech firms in other countries. It is currently expanding partnerships and developing its technology with the goal of global accessibility to financial services.

1. 2019

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3. Limited access
If you don’t have a bank
account, you cannot have a
credit score and cannot access
financing. Even for people with
credit scores, only about half of
them were able to access
financing in the past 12
months.
Inadequate assessment
Credit risk assessment systems
fail to deploy an accurate
assessment of creditworthiness
They are mostly dependent on
banking credit history and
neglecting extensive user
behavioral data.
No transparency
How is your score calculated?
Central scoring systems are not
transparent about the set of
rules defined in their credit
scoring mechanism, causing a
lack of trust in the scoring
system.
“2.93”billion
people
The Problem
53%of the world’s
adults have no
access to financial
instruments.
Unlike other unsecured centralized
alternatives such as Equifax
Colendi offers decentralized credit
scoring protocol and micro credit
platform on secure blockchain
technology

4. Source: McKinsey research https://www.mckinsey.com/industries/financial-services/our-insights/counting-the-worlds-unbanked
26-50%
v
0-25 %
z
51-75%
v
76-100%
v
Latin America
250 million adults
65%
High income OECD
countries
60 million adults
8%
Central Asia &
Eastern Europe
193 million adults
49%
East Asia
Southeast Asia
876 million adults
59%
SouthAsia
612 million adults
58%Middle East
136 million adults
67%
Sub-Saharan Africa
326 million adults
80%
2.5 billion unbanked
72% of population is ‘not credible’
According to World Bank statistics,
2.45 billion people in the world are
unbanked, while over 975 million of
the current banked population is not
eligible for credit which means 3.42
billion people (72% of the world
adult population) is defined as ‘not
credible’.
Over 70% of the underdeveloped part
of the world has no access to credit
and almost 60% of global population
demands increase in credit usages.
Expensive, non-digital and insecure
traditional methods are being used at
the moment to meet the financial
needs.

5. By simply using our app, users can
create their Colendi ID and get
Colendi Score to join the Colendi
network and access microcredits, p2p
financing and installment shopping.
The Solution
Decentralized Credit
Score to make
finance accessible
for everyone.
FINANCIAL
PASSPORT
82
SCORE
Colendi ID & Credit Score
Colendi is a decentralized self
sovereign identity and credit
scoring protocol on Ethereum
blockchain. Through it’s scoring
algorithms, Colendi renders
smartphone and social media
data together with other
integrated data to compile a
unique credit score for each user
that will serve as a financial
passport.
v
820

6. Colendi App | Colendi Card
• Sign up
• Get your ID and Colendi Score
• Find Colendi network merchants
• Scan QR to access credit
• See your shopping credit details
• Confirm & purchase
• Repay and improve your score
Installment
shopping &
Micro-finance

7. Use cases for global financial transformation
Installment Shopping
Digital conversion for the most
traditional shopping and
payment methods.
Microcredit
Microcredits made available by
lenders based on the unbiased
credit score for users.
P2P Finance
Credibility assessment for p2p
financing with user permission
to scorecard sharing.
Reliability Measure
A global score to serve as a
benchmark for any app, service
or business.

8. Usage Areas of
Colendi

9. z
Phase IV - Global coverage
v
Phase III - Expansion
Phase II - Unbanked region growth
Phase I - Business model setup
v
v
Total addressable market of
4 billion transactions
estimated in the world for three
different use cases according to
McKinsey Report:
- POS Financing
- Trustworthiness
- Financial Decisions
Expansion
A global score and
network to access
finance
Total Addressable Market ~ 4 billion trx

10. 1. Character
2. Capacity
3. Capital
4. Collateral
5. Conditions
With Colendi Score, we primarily
predict the financial characteristics
and loan repayment capacities of
the people with machine learning
(ML) algorithms and create credit
scores with high accuracy.
5C’s of Credit

11. POC - Alpha Testing
Colendi was found in 2016
developed its scoring
algorithm and technology.
Launched the alpha product
with Koctas, a Kingfisher
company (home improvement
retailer in Turkey for POC).
Early Adaptors
• Turkcell, Telco Operator,
+35M user
• Limak, Energy Distributer,
+4M households
• PTT, Post Office of Turkey,
+10M unbanked users
• SambaPos, Restaurant POS,
+300.000 merchants
Signed Contracts
+10 contracts signed globally
with different brands
• Kudi (payment company)
from Nigeria
• Enigma (technology
company) from US
• ininal (payment company)
from Turkey
Partners &
Early Adaptors
Retail chain covering 15
Million customers.
Energy provider for
4 Million households.
Restaurant POS system
active in +300k
merchants and 195
countries.
Digital payment
solutions, +35 million
users in Turkey.
Post Office of Turkey,
providing payment
services to +10 Million
unbanked.

12. Limak Wallet
Application
Limak Energy has more than 4
million households in Turkey.
App Features:
• Bill payment on Limak Wallet
• Colendi Score Integration
• Limak Pre-paid Card
• Installment Shopping

13. ROAD MAP
2016
Team Formation
Start R&D on credit scoring
2017
Whitepaper released
First +1 mio user scored
2018 Q1
First Colendi scored credits
are given on contracted
merchant
2018 Q2
Alpha product is launched
to early adopters
2018 Q3
Technical Paper and Token
Paper are released
2018 Q4
Public launch of
decentralized Alpha
product
2019 Q1
Start of Beta Program and
tests of Colendi mobile
ÐApps
2019 Q3
Launch of microcredit
platform
Colendi Token (COD) will be
launched on mainnet
2019 Q2
Open sourcing smart
contracts
2019 Q4
Expansion of global
partnerships
The opening of Developer
Portal
2020
Increasing the number of
offices globally

14. What We’ve Done So Far
Colendi ÐApps Limak Wallet
Koçtaş Scoring