Big Data Scoring

Big Data Scoring, based in United Kingdom, offers a cloud-based credit decision engine to improve credit quality and acceptance rates for banks, telecoms, and consumer lenders. The company, founded in 2013, utilizes custom scoring models that incorporate internal and external data, such as location-based information, web search results, and behavioral tracking, to accurately predict borrower payment behavior in real time. The latest investment of €1.30MSeed Round came from Terranova on 31 December 2018. Big Data Scoring's solution aids various types of lenders, including some of the largest banks globally, in issuing more loans, managing credit quality, and combating fraud. This approach is particularly beneficial in the consumer lending space, especially in client acquisition through online channels.