Airtel says Seynse’s advanced credit scoring algorithms based on multiple sources and digital analytics will add value to its innovation factory. Photo: ReutersNew Delhi: Telecom giant Bharti Airtel Ltd has acquired a “strategic equity stake” in financial technology (fintech) start-up Seynse Technologies Pvt. The acquisition was carried out through Bharti Airtel’s subsidiary Bharti Airtel Services, the company said in a statement on Wednesday. “Over the years, Airtel has developed strong in-house data science capabilities that enable us to serve our customers better,” Bharti Airtel global chief information officer (CIO) and director (engineering) Harmeen Mehta said in a statement. Seynse’s advanced credit scoring algorithms based on multiple sources and digital analytics will add immense value to Airtel’s innovation factory, it added.

Source: Mint February 22, 2017 13:26 UTC