GBG
The Foundation, Herons Way, Chester Business Park, Chester, Cheshire, CH4 9GB, United Kingdom
Overview
We are GBG, global specialists in identity data intelligence. We offer a series of solutions that help organisations quickly validate and verify the identity and location of their customers. Our products are built on an unparalleled breadth of data obtained from over 200 global partners. Our innovative technology leads the world in location intelligence, detects fraud and enables us to verify the identity of 4.4 billion people globally. Find out more about how we use identity intelligently by visiting www.gbgplc.com and following us on Twitter: @gbgplc
- Total investments
- 1
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 7
Sector focus
- Analytics
- Computer
- Data Integration
- Fraud Detection
- Information Services
- Information Technology
- Machine Learning
- Security
Investment portfolio
- Credolab
Led · Series A · Aug 2020
CredoLab builds bank-grade digital scorecards by analysing mobile device data with an AI-based proprietary algorithm that converts a smartphone user’s digital footprint into predictive credit scorecards. Its pay-per-use solutions serve banks, consumer finance companies, auto lenders, online and mobile lenders, insurance companies, and retailers. The company reports 63 clients across 19 countries. CredoLab uses alternative data to help financial institutions expand financial inclusion, improve credit scoring accuracy, and reach new customer segments. It was established in 2016 and is described as a venture built by FORUM and backed by Fintonia Group and Walden International. GBG has also entered a commercial partnership to accelerate delivery of CredoLab’s solutions through its Instinct orchestration and risk-intelligence platform. CredoLab is a Singapore-based digital credit risk management firm. Its core product area is digital credit risk management. The company announced the closing of a $1 million investment round. The investor named in the article was Walden International, described as a global venture capital firm. The article does not disclose additional financial metrics, users, or operating details. No future plans or product roadmaps were described in the article.