CRiskCo Overview
CRiskCo is an international financial technology company operating in the United States, Israel, Mexico, and Australia. CRiskCo's mission is to empower business owners and lenders to have open communication, transparency, and access to growth through credit facilities. CRiskCo's solution is based on the concept of open accounting, in which the company provides a single API to integrate with accounting systems (Quickbooks, Xero, etc.) and public data repositories (SAT, ATO, etc.). In so doing, the technology standardizes and analyzes data, provides visibility into business books, and uses machine learning to identify financial risk. Thousands of companies around the world have already connected to the system.
Cumulative Funding Raised Over Time ($)
—Apr 2021
$345KSep 2015
Latest News
growth-positive
Prytek invests in Israeli fintech co CRiskCo
Prytek has invested in CRiskCo to add credit capabilities to its onboarding platform Karbon. Karbon is an end-to-end intelligent Client Lifecycle Management (CLM) platform that leverages AI and ML to streamline the KYC process. CRiskCo has developed a platform that makes loan application processes digitally accessible and offers solutions for borrowers and lenders. The investment by Prytek will allow CRiskCo to broaden its services to existing clients in Mexico, USA, and Australia. Prytek is a technology group that invests in and builds technologies, delivering them through its own managed services divisions. The investment was led by Pryteks corporate venture capital arm. The article was published on April 4, 2021.
Partners
growth-positive
AppsVillage (ASX:APV) secures deal with CRiskCo for microfinance revenue growth
AppsVillage has signed an agreement with Credit Risk Community (C Risk Co) to integrate its credit risk analysis technology into the AppsVillage Capital platform. This integration is expected to allow for advanced customer risk analysis, reduce underwriting time and cost, detect fraud and predict future credit failures. It is also expected to drive higher success in micro-finance funding and increase revenue. The integration will allow AppsVillage to provide credit analysis on loan applications from its current database and new and small-to-medium businesses.
Partners
growth-positive
CriskCo is Reaching Milestones
CRiskCo, a credit risk management platform, has been selected as a finalist in two major competitions: the China FinMaker Competition and the Global Startup Challenge: FinTech 2017. The company was chosen as one of the 10 international FinTech projects to participate in the China FinMaker Competition, and is also in the running for the Global Startup Challenge, which aims to identify start-ups with the potential to become the next global unicorn. In addition, CRiskCo is partnering with the Queensland Government Department of Innovation, Tourism Industry Development and the Commonwealth Games to trial a tailored version of its platform.
CustomersPartners
growth-positive
CRiskCo signs agreement with Queensland Government
CRiskCo has signed an agreement with the Queensland Governments Department of Innovation, Tourism Industry Development, and the Commonwealth Games to undertake a pilot project. The project aims to use CRiskCos credit risk management platform to assist grant recipients in fulfilling their milestone reporting obligations. The platform will automate the submission of financial reports and supporting milestone documentation, reducing the time required by the departments staff. The project will be divided into two parts, with the second stage exploring the use of artificial intelligence to predict project success. CRiskCo aims to help the department become the first government organization with this capability. The partnership between CRiskCo and the government is seen as a win-win-win situation for all parties involved.
Partners
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| Sector | Fintech & Insurtech |
Funding
| Total funding | $495K |
| Last funding | Undisclosed |
| Stage | Pre-Seed |
| Rounds | 3 |
| Investors | 5 |
Team Members
1
Employees: 1-10
Web & Social Links
| Website | www.criskco.com/en/approve |
Locations
Allenby Street 14, Tel Aviv-Yafo, Israel
212 Brunswick St, Fortitude Valley Queensland 4006, Australia
1420 York Avenue, New York, NY, USA
Photos & Videos
4 item(s)
CRiskCo Business
Business models
B2B, B2G
Product stage
Released
Employees
1-10
Sector
Fintech & InsurtechLending & FinancingTarget Customer
Enterprise & Professional ServicesSMBs & SMEsCore Technology
Platforms & InterfacesWebArtificial IntelligenceMachine LearningTags (13)
open-bankingartificial-intelligencesoftware-applicationssaasmachine-learningcredit-scoringsmbweb-platformunderwritingrisk-managementfintechlending-and-financingbig-data-analyticsGeographic Markets
United StatesAustraliaIsraelMexicoCRiskCo Financials
$495K
Total funding
Undisclosed
Capital raised
Undisclosed
Last funding
Pre-Seed
Funding stage
3
Total rounds
5
Investors
Cumulative Funding Raised Over Time ($)
—Apr 2021
$345KSep 2015
Private Equity Funding
Undisclosed Round
Apr 2021
Undisclosed
Prytek Ventures (Lead)
Pre-Seed
Sep 2015
$345K
Plug and Play, Alireza Masrour, Andrey Tkachuk, Noushin Boussina
Non-Equity Funding
GrantEvent
Dec 2016
$150K
Queensland Government
CRiskCo Lifecycle
Cumulative Funding Raised Over Time
—Apr 2021
$345KSep 2015
All Events
Undisclosed Round
Apr 2021
Undisclosed
Prytek Ventures (Lead)
Pre-Seed
Sep 2015
$345K
Plug and Play, Alireza Masrour, Andrey Tkachuk, Noushin Boussina
GrantEvent
Dec 2016
$150K
Queensland Government
CRiskCo News
7 articles
growth-positive
Prytek invests in Israeli fintech co CRiskCo
Prytek has invested in CRiskCo to add credit capabilities to its onboarding platform Karbon. Karbon is an end-to-end intelligent Client Lifecycle Management (CLM) platform that leverages AI and ML to streamline the KYC process. CRiskCo has developed a platform that makes loan application processes digitally accessible and offers solutions for borrowers and lenders. The investment by Prytek will allow CRiskCo to broaden its services to existing clients in Mexico, USA, and Australia. Prytek is a technology group that invests in and builds technologies, delivering them through its own managed services divisions. The investment was led by Pryteks corporate venture capital arm. The article was published on April 4, 2021.
Partners
growth-positive
AppsVillage (ASX:APV) secures deal with CRiskCo for microfinance revenue growth
AppsVillage has signed an agreement with Credit Risk Community (C Risk Co) to integrate its credit risk analysis technology into the AppsVillage Capital platform. This integration is expected to allow for advanced customer risk analysis, reduce underwriting time and cost, detect fraud and predict future credit failures. It is also expected to drive higher success in micro-finance funding and increase revenue. The integration will allow AppsVillage to provide credit analysis on loan applications from its current database and new and small-to-medium businesses.
Partners
growth-positive
CriskCo is Reaching Milestones
CRiskCo, a credit risk management platform, has been selected as a finalist in two major competitions: the China FinMaker Competition and the Global Startup Challenge: FinTech 2017. The company was chosen as one of the 10 international FinTech projects to participate in the China FinMaker Competition, and is also in the running for the Global Startup Challenge, which aims to identify start-ups with the potential to become the next global unicorn. In addition, CRiskCo is partnering with the Queensland Government Department of Innovation, Tourism Industry Development and the Commonwealth Games to trial a tailored version of its platform.
CustomersPartners
growth-positive
CRiskCo signs agreement with Queensland Government
CRiskCo has signed an agreement with the Queensland Governments Department of Innovation, Tourism Industry Development, and the Commonwealth Games to undertake a pilot project. The project aims to use CRiskCos credit risk management platform to assist grant recipients in fulfilling their milestone reporting obligations. The platform will automate the submission of financial reports and supporting milestone documentation, reducing the time required by the departments staff. The project will be divided into two parts, with the second stage exploring the use of artificial intelligence to predict project success. CRiskCo aims to help the department become the first government organization with this capability. The partnership between CRiskCo and the government is seen as a win-win-win situation for all parties involved.
Partners
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growth-positive
Euler Hermes Digital Agency Announces CRiskCo Partnership
Euler Hermes has announced a partnership with CRiskCo, a fintech credit risk analysis company. The partnership aims to revolutionize factoring, trade, and supply chain finance by using AI credit analysis and fraud detection processes. Euler Hermes recently launched its Single Invoice Cover product, which provides transaction-by-transaction protection against non-payment by business customers. CRiskCo will use its data analysis capabilities to develop smart algorithms that enhance the underwriting capabilities of the Single Invoice Cover product. This partnership will offer small-medium enterprises (SMEs) more protection and affordable customer analyses. Euler Hermes is a global leader in trade credit insurance and offers financial services to support trade receivables management. Euler Hermes Digital Agency (EHDA) focuses on technological disruption and incubates breakthrough ideas in trade finance.
Partners
Erez Saf is CEO at CriskCo, which offers to ease credit risk assessment for small businesses. - Silicon Valley Business Journal
CRiskCo Team
Employee Info
| Employees (range) | 1-10 |
| Exact count | 10 |
| Team members | 1 |
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CRiskCo Internal
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Admin Info
| Confidence | 101/100 |
| Missing | markets |
| BI Verification | Natalia Golczar |
| Registrar ID | 515248474 |
| Crunchbase | criskco |
| Creator | Paz Eliav |
| Creator email | paze@cet.ac.il |
| Last updater | Jenny Sotnik-Talisman |
| Updater email | genys30@yahoo.com |
| Last update | 2022-07-13T00:00:00.000Z |
| Created | 2016-11-20T00:00:00.000Z |
| Claimed | Yes |