Crediwatch provides a credit risk intelligence platform that automates credit assessment and continuous business monitoring using alternative data and analytics. This technology enables lenders and businesses to mitigate credit losses and identify growth opportunities by accurately evaluating borrower financial health and monitoring potential risks.
Funding
$4.8M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
PSFounders
Product
Problem
Lenders and businesses face challenges in accurately assessing credit risk and continuously monitoring the financial health of borrowers and partners, leading to potential credit losses and missed growth opportunities. Traditional credit assessment processes are often manual, time-consuming, and rely on limited data sources, making it difficult to gain a comprehensive view of an entity's creditworthiness.
Solution
Crediwatch offers a credit risk intelligence platform that automates credit assessment and business monitoring by leveraging alternative data and advanced analytics. The platform aggregates and analyzes data from various sources to provide lenders and businesses with actionable insights into the financial health and risk profiles of borrowers, vendors, suppliers, and partners. By providing a comprehensive view of credit risk, Crediwatch enables users to make more informed lending decisions, mitigate potential losses, and identify new business opportunities. The platform's AI/ML-powered engine delivers real-time insights and risk scoring, enabling proactive risk management and improved decision-making across the credit lifecycle.
Target Audience
Crediwatch primarily serves commercial lenders, including banks and NBFCs, seeking to improve their credit assessment processes, reduce NPAs, and grow their loan portfolios, as well as businesses and law firms needing to evaluate the risk associated with their vendors, suppliers, or partners.
Features
- Automated credit underwriting processes for faster and more efficient credit assessments
- Continuous business monitoring across multiple dimensions to preempt risks and identify early warning signs
- Trust Score: A proprietary risk scoring system that provides a comprehensive assessment of an entity's creditworthiness
- Enhanced Credit Reports: Detailed reports that provide in-depth insights into an entity's financial health and risk profile
- Early Warning System: Real-time alerts that notify users of potential risks and changes in an entity's financial health
- Fin Tracker: A tool for tracking financial data and trends to identify potential risks and opportunities
- Case Management: A system for managing and tracking credit-related cases and investigations
- Access to a comprehensive data library of over 12 million business entities
- Analysis of GST and EPF filing trends for insights into business activity