Company: Credissimo
Industry: Short-term and installment loans
Size: 1 000 000+ loan applications
Revenue: €37.5M (2017)
web:
credissimo.comCredissimo rely on A4E’s AI powered credit scoring as a service solution to assess the creditworthiness of its loan applicants as well as to automate the approval process.
Number of applications processed without human intervention: up to 80% (Q1 2019)
Credit inspectors staff: - 50%
Established in 2007, Credissimo is a fintech company that offers unsecured short-term and installment loans for amounts between €100 and €1500 in Poland, Bulgaria, and Macedonia and is planning new markets entrance.
Due to fast-growing competition and the need for efficiency improvement within its business processes, the company defined following areas of improvement:
1. Increase the approval rate.
2. Reduce the human factor when deciding to grant a loan.
Solving these issues will increase the company`s customer base and make it more efficient on an operational basis.
George Karpuzov | COO Credissimo
