AlbionVC is an early-stage tech investor that backs growing companies across various sectors.
AlbionVC leads Series A round in challenger credit bureau Credit Kudos.
"In these challenging times, it’s more important than ever that people have access to the right financial products. We believe open banking will soon be the standard for credit assessments and, as the first regulated Credit Reference Agency with the capability to measure creditworthiness using open banking data alone, we are in a fantastic position to provide a service that is needed now more than ever."
The investment round was led by AlbionVC with backing from IQ Capital.
"We’ve invested heavily into our product and machine learning capabilities to provide our customers with what we believe is the best speech recognition technology on the market. We recognise that businesses are increasingly aware of the importance of unlocking their voice data and utilising it for core business functions such as compliance, analytics, training and improving customer experience. This latest investment opens up not only global expansion but the opportunity for new product development and traction in new markets."
The financing round was led by SBI Group and will support the company's growth in Asia and product development.
AlbionVC led the Series A financing with participation from Mercia Technologies and angel investors.
