Creditinfo

Creditinfo Group
IndustryBusiness services
Founded31 January 1997 (31 January 1997)
HeadquartersLondon, United Kingdom
Key people
ProductsCredit Bureau, Credit scorecards, Decision support system,
Number of employees
400
Websitewww.creditinfo.com

Creditinfo is a global credit bureau and information services group with operations in more than 33 countries.[1][2]

As of 2020 the company employs over 450 people with corporate headquarters in London, United Kingdom. The company was initially created in 1997 as Lánstraust ehf, later taking up the name Creditinfo.[3]

History

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The sole founder of Lánstraust ehf was Reynir Grétarsson, with two other co-founders bringing their share capitals later the same year.[4] One of these partners left after a few months, the other partner left after 3 years. In 2003, Lánstraust ehf was renamed and established as Creditinfo.[5][6] In 2005, Graham Platts and two other former executives of Experian became shareholders in the company, buying a total of 17% of the shares. They remained shareholders until 2013, when the company itself bought back their share in the company, at that time 31,5%.[7][8]

In 2009, Creditinfo and Schufa signed a contract and created Creditinfo SCHUFA GmbH. This cooperation was terminated in 2011 due to conflicts of interest.[9] In March 2012, Creditinfo established the first licensed credit bureau in Jamaica.[10][11] In February 2013, Creditinfo signed an agreement to provide credit bureau software to Da Afghanistan Bank, and in June 2013, Creditinfo was granted a full operation licence to the Bank of Tanzania.[12][13][14]

Creditinfo Group is listed in "Doing Business 2013" publication issued by World Bank and International Finance Corporation.[15]

Notable acquisitions

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The acquisitions of ICECREDITINFO and Upplýsingaþjónustan in 1998 eliminated all the existing Icelandic competition.[16] In 2004, Creditinfo acquired a media monitoring service called Fjölmiðlavaktin.[17] In 2015, Creditinfo acquired Credit Bureau in Morocco from Experian.[18] In August 2015, Creditinfo acquired Krediidiinfo in Estonia from Experian.[19] In August 2016, Creditinfo acquired VisualDNA’s Credit and Risk business from Imagini.[20]

Creditinfo operates in the business-to-business sector selling consumer credit reports and related analytics.[21]

Countries of Operation

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Subsidiaries

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See also

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References

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  1. ^ "Creditworthiness operations in Sudan and Afghanistan". Retrieved 10 December 2013.
  2. ^ "Private Credit Bureaus around the World" (PDF). Retrieved 14 January 2013.
  3. ^ "Creditinfo.com". Retrieved 21 October 2013.
  4. ^ "Creditinfo.com". Retrieved 21 October 2013.
  5. ^ "Advokatfirman Cederquist represents Bisnode in its acquisition of Creditinfo SCHUFA companies in the Czech Republic, Slovakia and Poland". Retrieved 10 April 2014.
  6. ^ "Hellastat Greece Acquires Creditinfo Hellas". Retrieved 21 March 2014.
  7. ^ "Graham Cedric Platts". Retrieved 10 April 2014.[dead link]
  8. ^ "Scoresoft acquires 18,6% stake in Creditinfo". Archived from the original on 4 December 2014. Retrieved 10 April 2014.
  9. ^ "Creditinfo signs joint venture deal with SCHUFA GmbH". Retrieved 10 April 2014.
  10. ^ "jis.gov". Retrieved 31 October 2013.[permanent dead link]
  11. ^ "jis.gov". Archived from the original on 29 September 2013. Retrieved 31 October 2013.
  12. ^ "Creditinfo.com". Archived from the original on 17 May 2014. Retrieved 9 December 2013.
  13. ^ "BoT gives nod to start of credit bureau's dealing". Archived from the original on 17 May 2014. Retrieved 9 December 2013.
  14. ^ "abc.az". Archived from the original on 17 May 2014. Retrieved 9 December 2013.
  15. ^ "Doing Business 2013" (PDF). Archived from the original (PDF) on 30 May 2014. Retrieved 31 October 2013.
  16. ^ GRÉTARSSON, R. Creditinfo Group Part I (Creditinfo Group: Reykjavík, 2012.)
  17. ^ GRÉTARSSON, R. Creditinfo Group Part I (Creditinfo Group: Reykjavík, 2012.)
  18. ^ "Creditinfo Chronicle". 16 July 2015. Retrieved 18 August 2016.
  19. ^ "Creditinfo Chronicle". 4 January 2016. Retrieved 18 August 2016.
  20. ^ "Creditinfo Chronicle" (PDF). Archived from the original (PDF) on 13 September 2016. Retrieved 18 August 2016.
  21. ^ "Creditinfo Group's Credit Reference Bureau Licensed in Tanzania". 9 July 2013. Retrieved 11 March 2014.
  22. ^ "First Licensed Credit Bureau Opens its Doors in Guyana to Support Access to Finance". Retrieved 10 December 2013.
  23. ^ "Attorney general urges speedy passage of anti-money laundering amendments". Retrieved 9 April 2014.
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