CREDITSEVA, India, who claims to be Asia’s first online consumer credit analytics and management tool, has associated with Experian Credit Bureau, a leading global credit information company, to provide consumers with an instant online credit report and credit score for free. The application which started in 2015, presently has a 100,000+ users with 100% m-o-m growth. It is integrated with 6 banks in India and today with the Experian integration, the consumers of CREDITSEVA[TM] have an edge over all for making faster decisions on credit products.
The company is funded by Singapore government backed Infocomm Investments and industry executives from top global banks such as Citibank and HSBC.
Satya, CEO & Co-Founder said, “At CREDITSEVA, we are motivated by our vision to Innovate for Simplicity. We are constantly driven by the pain in the user experience when taking complex financial decisions. Our proprietary algorithm does the job of understanding and analyzing the consumers credit report and score and tell them what is going wrong and how they can improve the situation. On top of this, our integrated workflows supports the consumers to connect online with the banks and credit bureaus to execute various transactions.”
Satya continued, “We saw a tremendous growth in the user time spent on CREDITSEVA[TM] app since we have launched. However, the major challenge is the consumer awareness about credit report /score and how they can execute a credit-related transaction. This made us work towards making things easier to the consumer and bring simplicity in the transactions and making faster credit-related decisions. Our association with Experian shall definitely help us and our consumers in this direction.”
Source: PR Newswire