Credit risk

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Estonian fintech Mifundo picks up €2.5 million grant from European Innovation Council

Innovative Estonian fintech company Mifundo has secured €2.5M grant funding plus investment from the prestigious European Innovation Council (EIC) Accelerator program, making it the first fintech company ever to receive full funding from this initiative.

/wholesale

BNP Paribas champions innovation in credit distribution with CobaltFX’s Dynamic Credit

BNP Paribas, an early adopter of CobaltFX's Dynamic Credit, further expands its engagement with CobaltFX, part of United Fintech, to address regulatory and industry concerns, setting a new standard for precision and effectiveness in market operations.

/retail

Nuvo boosts credit application software with Equifax

Nuvo, the fastest trade credit management platform for B2B sellers, has announced a strategic relationship with Equifax®, a leading global data, analytics and technology company.

/people

Creditinfo appoints TransUnion veteran John Canon as global chief commercial officer

Creditinfo, a global service provider for credit information and risk management solutions, has today announced the appointment of John Cannon as its Global Chief Commercial Officer (CCO).

/wholesale

Broadstone buys Vestigo to deepen credit risk capabilities

Broadstone, a leading independent pensions, employee benefits, investments and insurance consultancy, announces the acquisition of Vestigo Partners Limited (Vestigo), an experienced and dynamic analytics and credit risk consultancy established in 2017.

/wholesale

Genesis Global launches credit processing automation platform

Genesis Global launched a new solution to automate bank processes for offsetting credit risk in lending and financing businesses.

/wholesale

FICO Partners and Atto partner for credit risk modelling

Atto, a leading provider of credit risk solutions using transactional data, is thrilled to announce a strategic partnership with FICO, a global analytics software leader, for the UK market.

/wholesale

Capchase Infra launches

Capchase, a leading provider of non-dilutive capital and payment tools for Software-as-a-Service (SaaS) companies, today introduced Capchase Infra, a software solution for banks and other lending institutions to make informed credit decisions when evaluating high-growth companies by automating their data collection, underwriting, and risk monitoring processes.

/people

Provenir name Christopher Brown senior sales exec, Middle East, Africa, and Turkey

Provenir, a leading global provider of AI-powered risk decisioning software, today announced Christopher Brown's appointment as Senior Sales Executive for the Middle East, Africa, and Turkey (MEA&T) region.

/wholesale

Derivitec launches in the US

Derivitec, an independent software vendor with a mission to make quality risk analytics universal and affordable, has established an office in New York following a rapid rise in user numbers amongst its US clients.

/retail

Solomon Islands launches digital lending product

Yabx, a cloud-based lending platform, that utilises AI scoring, has collaborated with the Solomon Islands National Provident Fund (SINPF) and the United Nations Capital Development Fund (UNCDF), to create mobileFund, a groundbreaking instant digital loan product, will soon be available to all Yousavers in the Solomon Islands.

/startups

Stax Payment founders launch AI-powered credit underwriting platform Worth AI

Worth AI, a fintech SaaS startup, officially launched today and announced its artificial intelligence-powered risk management and underwriting technology.

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