Kreditz

Kreditz is revolutionizing credit and risk management using open banking and AI-technology to provide intelligent and streamlined decision-making processes. Founded in 2018 and headquartered in Sweden, the company focuses on enhancing financial institutions' decision capabilities with notable efficiency improvements.

Kreditz boasts a 45% higher approval rate and slashes default rates by 50% through innovative integration of open banking and CRA data. The decision-making process is accelerated by 80% as automation minimizes the dependency on physical documents. Additionally, clients experience a 75% reduction in credit bureau data costs by targeting only necessary data.

The company recently secured a €10.00M investment in a Venture Round on 03 May 2023, backed by prominent investors Creades AB and Ingka Investments. Trusted by leading financial institutions, Kreditz holds potential for continued growth and influence in the fintech landscape.