- February, 2012
- Alexander Graubner-Müller, Sebastian Diemer
- Finance, SaaS, Banking, Big Data, Analytics
- Kreditech applies big data to score the creditworthiness of customers to provide better, faster, more sustainable online financing services
Kreditech uses BIG DATA and complex machine-learning algorithms to serve a simple mission: make faster, better, more sustainable credit decisions. The technology is fully automated and identifies and scores individuals online in seconds based on up to 15,000 different data points. Via its platforms Kredito24 and Zaimo, the customer is able to complete the application process paperless in seconds online, mobile or via SMS and receive the funds in their bank account, a credit card or directly at an ATM in under 15 minutes. Customers can currently apply for short or long-term loans and other financial products in seven countries worldwide, including Poland, Spain, Czech Republic, Russia, Mexico, Australia and Peru. A team of over 140 passionate people from more than 30 different nations works to lead the future in digital banking.
Current Team (10)Update
Funding Rounds (7) - $63MUpdate
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