Kreditz, a Danderyd, Sweden-based credit information startup, received a minority investment from Ingka Investments.
The investment is part of Kreditz’s latest funding round with investors contributing to a total of €10M of equity capital.
The company intends to use the funds to accelerate its growth and expansion into new markets.
Founded in 2018 CEO Roni Zacharion, Kreditz helps banks and other financial institutions analyse bank transaction data and get a view of applicant profiles based on Open Banking and PSD2 data. By using bank transaction data as a foundation, the company works to bring financial transparency and responsibility across the globe through automated information retrieval and analysis of a loan applicant’s current income and expenses.
Kreditz has over 80 customers in Sweden, Finland, Norway, Denmark, Holland, Great Britain, Germany, Poland and Austria.
FinSMEs
04/05/2023