For immigrants, this fintech makes credit history as portable as a passport
- Wale Akanbi faced challenges accessing financial services in the UK due to the lack of credit history transfer.
- Bleyt, founded by Akanbi, aims to allow immigrants to carry their credit histories across borders using AI.
- The company offers a multi-currency account and card to expedite access to financial services for immigrants.
Bleyt's innovative approach to credit history portability addresses a significant gap in financial services for immigrants, potentially transforming their access to credit. However, the success of this model will depend on effective partnerships with local credit providers and navigating complex regulatory environments.
