Wednesday, August 21, 2019
Tags Credit Score

Tag: Credit Score

UOB Applies AI to Transactional Data to Speed up Loan Approvals...

United Overseas Bank is to run small business trading data from companies transacting over B2B e-commerce platform OctoRocket through an AI-based credit assessment tool to speed up the loan approval process. Read more:

Experian calls off £275m ClearScore acquisition

Experian has dropped its planned £275 million acquisition of ClearScore due to pressure from the UK’s Competition and Markets Authority (CMA). Read more:

Credit scoring company Nordigen bags €700,000 in funding

Nordigen, a company which helps financial institutions build accurate credit reports, has received €700,000 in funding. Read more:

Bloom Credit bags $3.78m in its seed round

Bloom Credit, a financial wellness platform, has received $3.87m in a seed round led by Resolute Ventures. Read more:

Lenders bet on AI for credit scoring

Banks have to struggle with a lot of challenges – from issuing credit to operational risks Read more:

UK government deploys £2m into three LendTech startups

The UK government has deployed a total of £2m to a trio of LendTech startups as part of its Rent Recognition Challenge. Read more:

Singapore-based credit scoring network Points nets $8m in funding

Blockchain-based credit scoring platform Points has netted $8m in funding, as the company launches its first credit network. Read more:

CredoLab closes $1m venture round from Walden International

Credit risk management company CredoLab has closed a $1m venture round from Walden International. Read more:

Experian acquires ClearScore in £275m deal

Experian, a data and information platform, has acquired personal finance and credit scoring platform ClearScore, for £275m. Read more:

UK-based Aire nabs $5m Series A led by Sunstone

UK-based Aire has reportedly raised $5m for its Series A funding round led by Sunstone Capital. Read more: