UK FinTech group launches real-time financial data app
A UK-based FinTech group has launched a new data company which will provide access to the company's real time data resources.
Infinian, created by FinTech company Quint Group, will provides data to financial services including data on credit risk, fraud, collections and tracing, and enhancement.
The company, headquartered in Cheshire, saw its turnover rise to over £35 million in the last financial year and expects revenues to exceed £50 million in the current year.
"Our 'Vision' database is unique, fed in real time by exclusive data created from Quint's market leading customer finance businesses, as well as thousands of other real-time data points,” said Sam Colclough, CIO at Infinian.
"The data is then intelligently deployed into Infinian's product suite which falls into four key areas; Credit Risk, Fraud, Collections & Tracing and Enhancement."
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Quint was co-founded in 2009 by fomer Wasps rugby-player Cox and now has technology hubs operating from the UK, China and South Africa.
Infinian is on course to see revenues exceed £2 million this year.
"With Infinian we are able to provide unique insightful data to financial services businesses, fintech companies and some of the biggest global data businesses and credit bureaus,” said Greg Cox, founder and CEO of Quint Group.
“Infinian's suite of products gives a new source of alternative data that enables our customers to enhance the quality of their credit decisions and existing customer's databases, enabling them to create more efficient and profitable operating models."
The company was recently named number 33 in the Sunday Times 100 Best Small Companies to Work and received the Queens Award for Enterprise in innovation.
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