https://techcrunch.com/2021/02/16/zolve-raises-15-million-for-its-cross-border-neobank-aimed-at-global-citizens/

Tens of thousands of students and professionals move out of India each year to pursue higher education and for work. Even after spending months in the new country, they struggle to get a credit card from local banks, and end up paying a premium to access a range of other financial services.

Banks in the U.S., or in most other countries for that matter, rely on local credit score to determine the worthiness of potential applicants. Even if an individual had a great credit score in India, for instance, that wouldn’t hold any water to banks in the foreign land.