CEO
Infact Systems
Provides a real-time credit information platform through a single API that enables lenders to search, report, and manage credit data. It addresses the limitations of traditional credit bureaus by offering up-to-date affordability assessments, fraud detection, and credit risk analysis, helping lenders reduce defaults, prevent fraud, and make informed lending decisions.
- Data & Analytics
- Enterprise Software
- Financial Technology
- Software Only
Updated 5 months ago
Funding
Raised to date
$5.4MRaised 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.
Funding rounds are not available yet.
Founders
Product
Problem
Traditional credit bureaus often provide lenders with outdated, incomplete, and potentially inaccurate consumer profiles. This can lead to flawed risk assessments, increased default rates, and missed opportunities for responsible lending to new customer segments. The limitations of existing systems can also hinder compliance with evolving regulatory requirements.
Solution
Infact offers a real-time credit information platform accessible through a single API, enabling lenders to search, report, and manage credit data with enhanced speed and accuracy. By capturing nuances of modern credit products like Buy Now, Pay Later (BNPL), Infact provides a more comprehensive view of consumer credit behavior. This allows lenders to improve lending performance, reduce fraud, and increase approval rates for creditworthy applicants while maintaining regulatory compliance and supporting responsible lending practices.
Target Audience
Infact primarily serves credit risk teams at lending institutions seeking to improve their lending performance, reduce default rates, and enhance regulatory compliance through access to real-time and accurate credit data.
Features
- Real-time credit data accessible via a single API for searching, reporting, and management.
- Affordability assessments that unlock new lending opportunities and increase acceptance rates.
- Fraud detection capabilities that streamline customer onboarding and monitor risk signals across lender networks.
- Credit risk analysis tools that optimize lending decisions and spot loan stacking in real-time.
- Developer portal with full API guidance, a sandbox environment, and API examples.
- ISO 27001 certification, GDPR compliance, OWASP testing, and AWS Well-Architected framework for secure and reliable data protection.