You Are Lending Against Devices You Have Never Verified.
Every unverified device loan is a fraud risk and a default risk. Daabo verifies device identity, condition, and ownership in real time — before every disbursement — so your collateral is always what you think it is.
Device-backed lending has a verification gap. Daabo closes it.
Ghost Device Collateral
Borrowers submit IMEI numbers for devices that do not exist, are blacklisted, or are already pledged elsewhere. Without verification, you fund the loan anyway.
Inflated Device Values
Without AI condition grading, borrowers over-report device condition and receive loans larger than the device is worth. Defaults hit harder.
No Collateral Recovery Path
When a borrower defaults, you have no way to locate or recover the device. Without GPS tracking, it is gone.
Verification at Every Step
IMEI Verification at Loan Origination
Every device IMEI is verified against global blacklists and Nigerian operator records before loan disbursement. Stolen, blacklisted, or duplicate devices are flagged instantly.
AI Condition Grading
AI grades device condition from submitted photos at loan application — 40+ parameters, non-OEM part detection, screen and body damage assessment. Ensures loan amount matches actual device value.
Device Tracking for Collateral Recovery
GPS tracking and geo-fencing on collateralised devices enables recovery on default. Unauthorised movement triggers automated alerts to your risk team.
API Integration in Under 3 Days
Daabo's RESTful API integrates into your existing loan origination flow with no system rebuild required. Most fintech clients are live within 72 hours.
Calculate Your Returns
"A 1% reduction in NPL rate on a ₦500M device loan book = ₦5M in reduced defaults monthly. Daabo costs ₦170,000/month on the Business plan."