1.png)
Mifundo
Description
Mifundo is a data solution unlocking cross-border lending for people and banks in Europe:
- Verified & Passportable Financial Identity helps consumers to be trusted over the EU
- Mifundo's unique technology helps banks to assess the credit risk of their foreign customers
Their technology aggregates credit bureau data over Europe, complementing it with open banking and calculating standardized credit score. It can reduce the credit risk of foreign customers up to 7x and raise the business volume by 15%.
