PayLaterr has entered into a strategic partnership with Experian, a global leader in consumer and business credit reporting.
The collaboration aims to strengthen PayLaterr’s fraud prevention capabilities while expanding its use of alternative data to support smarter and more inclusive budgeting decisions. By integrating Experian’s fraud detection tools and alternative credit data solutions, PayLaterr intends to improve both security and financial access for its users.
PayLaterr provides consumers with flexible instalment plans to manage essential payments such as rent, car finance and utility bills. The platform is used by tens of thousands of customers seeking greater control over household budgeting. Experian, a multinational credit reporting company, offers a broad range of services including fraud detection, data analytics and consumer credit reporting for individuals and businesses.
Through the partnership, PayLaterr will be able to detect and prevent fraud in real time by applying Experian’s behavioural analytics and identity verification technologies. The use of alternative data sources, such as rental history, subscription payments and utility bills, will help provide a more complete picture of consumer financial behaviour. This will allow PayLaterr to extend access to budgeting tools for those who may lack a traditional credit history, helping address the needs of credit-invisible populations.
The integration of Experian’s technology is already underway and is expected to be rolled out across PayLaterr’s platform by autumn 2025. The partnership is also expected to streamline onboarding processes and improve the accuracy of financial recommendations for customers.
PayLaterr CEO Akeem Egbeyemi said, “Our mission at PayLaterr is to make bill payments easier and more accessible for everyone. Partnering with Experian gives us the tools to protect our platform from fraud and empower a broader customer base with smarter, more inclusive budgeting insights. This is a major step forward in our goal to help people take control of their financial lives.”
Experian VP of partnerships Shelleyanne Rein said, “We’re excited to support PayLaterr’s commitment to financial inclusion. By combining our fraud prevention and alternative data capabilities, we’re enabling safer transactions and helping more consumers manage their money with confidence.”
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