ClearScore, the UK’s no. 1 credit checking service, today welcomed The Rt Hon Matt Hancock MP, Minister of State for Digital and Culture to officially open its new London headquarters.
The new 8,500 sq ft facility in Vauxhall has opened to accommodate ClearScore’s rapid growth: 4m people in Britain now use ClearScore to stay on top of their money and thousands of people are joining the free service every day. ClearScore plans to create 200 new jobs over the next three years at the site, adding to the 100 people the company already employs.
Matt Hancock MP, Minister of State for Digital and Culture, said, “ClearScore is a great example of the young companies driving forward our booming digital economy, which is already worth more than £118bn a year and growing twice as fast as the rest of the economy. Since launching in 2015, ClearScore has already helped more than 4m people get control of their money and has also created more than 100 jobs. Their innovation, dedication and determination leaves them well placed to be the UK’s next cutting edge fintech success story.”
ClearScore, was last week named in the Future Fifty - an exclusive group of the UK’s hottest start-ups judged to have the potential to scale rapidly and build significant businesses. Alumni companies that are now household names include Ao.com, SkyScanner, Just Eat and Zoopla.
In 2015, ClearScore launched the UK’s first ever service giving everyone completely free access to their credit report and credit score as often as they like, together with a guarantee that the service will remain free for life. ClearScore is helping drive financial inclusion and also provides tools to help people improve their financial situation. For example, earlier this month it launched ClearScore Coaching - the first bot-based programme in the world to help Brits improve their credit worthiness and ability to get the best financial deals available.
Justin Basini CEO and co-founder, said, “We’re already giving more than 4m people practical steps they can take to make a real positive impact on their personal finances. This is just the beginning of our ambition - this year we will be launching a host of new innovative services to help people sort their money. That means recruiting even more talent and our new London HQ gives us the capacity to do this.”
Kate Hoey, Member of Parliament for Vauxhall, said, “It is so good to see one of the UK’s fastest growing tech companies choosing to locate in Vauxhall. The area is fast establishing itself as a digital hub within London and I welcome ClearScore’s investment and commitment to bringing high quality tech jobs to the Borough.”
Parveen Dhanda, Programme Lead for Future Fifty at Tech City UK, said, “We’re delighted to see Future Fifty company, ClearScore, expanding its UK operations. The company has achieved a huge amount already and created some amazing products. We look forward to helping them as they continue to grow and invest in the next generation of UK digital talent.”