Money

• Following the recent licensing process, TransUnion is reaffirming its commitment to Botswana through investment in enhanced data capabilities and the launch of three new intelligence solutions
• An enhanced and enriched dataset gives lenders a more comprehensive view of borrower behaviour and payment performance
• New analytical solutions are designed to help financial institutions make better lending decisions, improve risk management and unlock greater economic participation.

TransUnion Botswana announces the launch of three new intelligence solutions designed to help financial institutions make smarter lending decisions, strengthen risk management and responsibly expand access to credit. Supported by an enhanced dataset that provides a richer view of consumer payment behaviour, the new solutions will help lenders unlock greater economic participation while supporting sustainable growth across Botswana's financial sector.

Following the recent licensing process, TransUnion is continuing to invest in Botswana's financial ecosystem through enhanced data capabilities, advanced analytics and new solutions designed to support lenders and consumers alike.

"The launch of these three new solutions represents an important investment in Botswana's financial future," says Kabelo Ramaselwana, chief executive officer, TransUnion Botswana. "Financial institutions need deeper insights and stronger analytics to support responsible growth. By combining richer data with advanced intelligence solutions, we are helping lenders make better decisions, expand access to credit and support greater economic opportunity."

New Intelligence Solutions for a New Credit Environment

TransUnion is introducing three new capabilities designed to help Botswana's financial institutions grow responsibly, improve decision-making and unlock new opportunities.

• Industry Scores use sector-specific predictive models to help lenders assess thin-file and credit-invisible consumers with greater confidence.
• Collections Solutions enable smarter, data-driven collections strategies that improve recoveries while reducing operational costs.
• Business Intelligence Reports provide market and portfolio benchmarking insights, helping organisations understand performance, identify growth opportunities and make more informed strategic decisions.

Together, these three solutions equip organisations with the intelligence needed to expand access to credit, strengthen risk management and drive sustainable growth.

Enhanced Data for Better Lending Decisions

These solutions are underpinned by an enhanced dataset that brings together broader payment and credit information to provide a more complete view of consumer payment behaviour and credit obligations. By reducing fragmented views of borrowers, financial institutions can make more informed decisions across the credit lifecycle, from origination and portfolio management to collections.

For lenders, access to richer information means decisions can increasingly be based on a broader understanding of borrower behaviour, helping institutions identify opportunities while maintaining sound risk management practices.

Unlocking Access to Credit and Economic Growth

Botswana's financial sector is entering a period of significant transition. While the country remains one of Africa's most financially included markets, lenders face increasing pressure to balance growth, affordability and risk amid changing consumer credit profiles, rising living costs and broader economic pressures.

At the same time, significant opportunities remain to broaden access to credit. Although around 72% of adults have access to a bank account or mobile money service, a large share of the population remains outside the formal credit system. As a result, lenders often struggle to assess creditworthiness using traditional risk models, limiting borrowing opportunities for consumers and small businesses.

TransUnion analysis indicates that richer data and enhanced scoring models could increase loan approvals by 4% to 6% annually while maintaining credit quality, potentially unlocking up to P5 billion in additional lending across the market. Enhanced collection capabilities have also demonstrated a 38% increase in visibility and a 40% improvement in collections yield, helping institutions strengthen portfolio performance and support sustainable economic growth.

Supporting Consumer and Business Growth

The opportunity extends beyond personal credit. Botswana's MSME sector employs approximately 175,000 people and generates an estimated P14 billion in annual turnover, yet many businesses continue to rely on manual record-keeping, making it more difficult to demonstrate creditworthiness and access finance. Enhanced commercial credit information and business analytics can help financial institutions better assess these businesses and support their growth through improved access to funding.

As financial institutions navigate an increasingly complex environment, access to deeper market intelligence is becoming increasingly important. TransUnion's Business Intelligence capabilities are designed to help organisations understand portfolio performance trends, monitor market developments and identify emerging opportunities, enabling more informed strategic decision-making.

Investing in Botswana Financial Future

TransUnion remains committed to supporting Botswana's evolving financial sector through ongoing investment in data, analytics and innovation. By combining global capabilities with local market expertise, the company aims to help lenders serve consumers and businesses more effectively while supporting broader economic growth.

"Growth and risk discipline are no longer opposing objectives," says Ramaselwana. "More complete information allows institutions to identify and serve the right consumers and businesses with greater confidence. That is good for lenders, good for consumers and ultimately good for Botswana's economy."