Infact builds a real-time credit bureau platform that lets lenders report and receive consumer credit risk insights via an API. The company launched its first product, the Affordability Engine, and has early engagement from several leading UK lenders to help populate the bureau. Infact says its platform helps lenders improve credit risk decisions, enable more profitable lending, and allow consumers to build or rehabilitate credit profiles faster. The business recently secured FCA authorisation to operate as a credit reference agency. Infact raised a £4M Seed round to accelerate building a richer bureau database and to extend its product suite for challenger lenders and banks. The founding team is led by Will Mason and Andy Milligan, with hiring from firms including NatWest, TSB, Experian, Metro Bank, Ratesetter, and Visa.

Total raised

$5M

Funding rounds

1

Latest round

Seed

Latest activity

Sep 2024