Ingka Investments provided the funding to support product expansion and market launch of new predictive models.
"We’re proud to join Ingka Investments’ portfolio of market-leading firms. We are excited to be shaping a new global standard in credit scoring that enhances people’s lives by enabling access to products they need in an affordable way. Our coverage, advanced insights and predictive models provide a unique opportunity to achieve this by creating the world’s first real-time, inclusive, credit score based on open finance data."
The funding will support North Sea Systems in building new systems and growing its team.
"The past decade has been an exciting journey for our team, as we worked to refine our innovative systems and establish our technology in an industry where precision, reliability and reputation is vital."