Nglobal provides cross-border credit reporting services that enhance trust in international transactions. By leveraging a standardized framework for credit assessments, the company enables businesses to make informed lending decisions and mitigate risks associated with foreign clients.
Funding
Funding not disclosed
Founders
Product
Problem
Businesses face challenges in assessing the creditworthiness of international clients due to a lack of standardized frameworks for evaluating credit risk across different countries. This makes it difficult to make informed lending decisions and increases the risk of defaults in cross-border transactions. Furthermore, newcomers to a country often lack a local credit history, hindering their access to financial services.
Solution
CreditCliq provides an API that delivers real-time global credit data, enabling businesses to evaluate the creditworthiness of individuals and companies worldwide. The platform aggregates credit information from various international sources, providing a comprehensive view of a customer's financial history. This allows financial institutions, landlords, and other businesses to make informed decisions about extending credit, approving leases, and offering financial products to a broader range of customers, including expatriates, international students, and immigrants. CreditCliq's API integrates into existing systems, providing instant access to credit data and streamlining the decision-making process.
Target Audience
CreditCliq primarily serves financial institutions, fintech companies, indirect lenders, and landlords who need to assess the creditworthiness of international individuals and businesses.
Features
- API access to real-time global credit data.
- Integration with existing systems for seamless data access.
- Comprehensive international credit histories for informed decision-making.
- Support for ITIN customers and newcomers to the US & Canada.
- Tools for mitigating the risk of loan defaults and unpaid balances.
- Identity verification to improve customer onboarding.
- Mobile app for consumers to check their credit score.
- Deployed on Google GCP and AWS with comprehensive security accreditation.