GetCreditScore.com.au was launched as a partnership between Veda and peer to peer lender SocietyOne in September 2014. A GetCreditScore.com.au pilot offering free credit scores signed more than 100,000 members in its first two months. Veda acquired a majority stake in GetCreditScore in July 2015.
Mr Scognamiglio was previously Veda’s General Manager, B2C. In October 2013, he led the launch of Australia’s first credit score offering to consumers – the VedaScore – which draws on Veda data from more than 16 million active consumer credit reports.
Veda CEO Nerida Caesar said: “The appointment of David Scognamiglio as Managing Director of GetCreditScore demonstrates Veda’s commitment to innovation and improving the financial literacy of Australians. David’s entrepreneurial drive and leadership skills will ensure the future success of GetCreditScore.
Mr Scognamiglio said Australia is following the path of international markets, such as the US and UK, where a new class of lender has emerged in the form of online credit marketplaces. “It is an exciting time to be at the forefront of the Australian credit landscape. I am thrilled to be able to leverage Veda’s status as the nation’s most comprehensive credit bureau through the consumer engagement and financial technology capability of GetCreditScore”. Mr Scognamiglio’s appointment is effective immediately.
Source: Veda Press Release