Credo Capital Partners joins hands with Scienaptic for sharper credit assessment of financial assets
LONDON & NEW YORK
Jan 6, 2021
Scienaptic, the world's leading credit decisioning platform provider announced the deployment of its platform at Credo Capital Partners (Credo). This partnership will enable Credo to use advanced AI-powered technology for sharper credit assessment and better performance monitoring.
Credo bridges capital markets and fintech to build the financial ecosystems of tomorrow. As partners to fintech companies, they facilitate rapid growth by disintermediation of financial assets. Using sharper credit assessment tools, Credo will further streamline its process for financial assets evaluation, creating attractive, risk diversified returns.
Pankaj Jain, President of Scienaptic says, "We are hugely excited about our partnership with Credo Capital Partners as it will create new opportunities for Credo to fund creditworthy financial assets previously deemed unfit. We look forward to helping Credo grow its presence as it builds out it's strategy across Europe."
David Sjöblom, CRO at Credo Capital Partners added, "We have spent extensive time looking for a data-driven credit assessment platform to support our launch in 2021. Scienaptic's AI-powered credit assessment platform and strategy optimization tools will allow us to scale rapidly as we look to build out our portfolio across the UK, Sweden and other key Northern European markets. We expect it to add significant value to our investment strategies and create better returns for investors."
About Credo Capital Partners:
Credo Capital Partners bridges capital markets and fintech to build the financial ecosystems of tomorrow. As a partner to investors, it provides unique access to normally non-accessible attractive financial assets primarily in Northern Europe. Credo Capital Partners leverages its track record & partnerships with the best alternative lenders to evaluate, buy, and sell financial assets creating attractive, stable and risk diversified returns to investors.
Scienaptic is the world's leading AI-powered Credit Underwriting Decisioning platform company. Designed by seasoned CROs, its platform is creating industry-leading business impact in terms of lifts such as agile strategy optimization, higher approvals (15-40%), and lower credit losses (10-25%). Scienaptic's clients include Fortune 100 banks, Credit Unions, Alternative lenders, and Fintechs.