Africa: Autochek Africa Chooses Provenir’s AI-Powered Risk Decisioning Platform to Drive Expansion

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Provenir, a leading global provider of AI-powered risk decisioning software, has announced its collaboration with Autochek Africa, an automotive technology company. Autochek Africa has opted for Provenir’s Decisioning Platform to automate decision-making processes and accelerate its expansion initiatives.

Autochek Africa offers solutions that facilitate commerce within the automotive sector, including credit underwriting solutions for auto loans, both for Autochek and third-party banks. The company also provides services such as vehicle inspection, maintenance, insurance, and vehicle tracking. As part of its strategic growth plans in specific regions, Autochek Africa sought a robust platform with rapid deployment capabilities to automate all credit decision processes.

Johan van der Merwe, CEO of Autochek, emphasized the need for a flexible and agile partner to support their ambitious expansion strategy. He stated, “We have partnered with Provenir to automate decisioning for faster and more scalable approval processes. Within eight months, we were able to provide clients and dealers with pre-approvals, installment simulations, loan application decisions, together with bespoke offers, in six countries. Provenir’s low-code platform provides us a competitive advantage, allowing us to quickly expand into our target geographies, reducing our launch time in many cases by almost half.”

Adrian Pillay, Vice President, MEA at Provenir, expressed satisfaction with the partnership and highlighted how Provenir’s flexible platform empowers Autochek Africa to achieve self-sufficiency when launching new products, enabling them to scale rapidly into new markets.

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