CRiskCo
Credit Risk Assessment and Application Processing for Businesses
Company Overview
Snapshot
Founded in January 2015 by Erez Saf, CRiskCo operates with 1–10 employees. The company has raised $495,000 across three funding rounds from five investors. In April 2021, CRiskCo received an investment from Prytek Ventures.
Business overview
CRiskCo is an international financial technology company that provides credit risk assessment and application processing solutions for businesses. The company's core technology leverages open accounting principles, utilizing a single API to integrate with various accounting systems and public data repositories. This technology standardizes and analyzes financial data, offering visibility into business books and employing machine learning to identify financial risk. CRiskCo serves businesses and lenders across the United States, Israel, Mexico, and Australia, operating within the Fintech & Insurtech sector.
Strategic signal
In January 2020, CRiskCo secured a deal with AppsVillage (ASX:APV) for microfinance revenue growth. This partnership highlights CRiskCo's strategic expansion into the microfinance sector, demonstrating its ability to integrate its credit risk assessment technology with platforms aimed at small and medium-sized businesses. This signals a growth opportunity for investors, indicating CRiskCo's potential to scale its solutions through strategic alliances and tap into new market segments.
Log in to access full profile ›Company Intelligence Q&A
- What is CRiskCo's primary focus?
- CRiskCo focuses on empowering business owners and lenders with open communication, transparency, and access to growth through credit facilities, primarily through credit risk assessment and application processing.
- When was CRiskCo founded and by whom?
- CRiskCo was founded in January 2015 by Erez Saf.
- Which investor participated in CRiskCo's funding round in April 2021?
- In April 2021, Prytek Ventures invested in CRiskCo, as reported by Globes, an Israeli business news publication.
- What significant partnership did CRiskCo announce in January 2020?
- In January 2020, CRiskCo secured a deal with AppsVillage (ASX:APV) for microfinance revenue growth.
- What agreement did CRiskCo sign in March 2018?
- In March 2018, CRiskCo signed an agreement with the Queensland Government.