SEA Deal Ticker
Platform earnings are the new credit score: GXS finances Grab drivers' EVs at 100 percent
GXS Bank underwrites drivers on their platform earnings instead of payslips. Some approved loans require no down payment and run up to ten years; the driver app is testing access to over 3,000 charging points.
Positive-sum angle: Any operator whose customers are gig workers just watched a licensed bank underwrite them on app earnings — the thin-file objection now has a live product answering it.