Start-Up: CRiskCo


 

Welcoming CRiskCo to FinTech Connect!

CRiskCo introduces smart and on-going credit reports. We allow credit providers to grow online and penetrate untapped markets without losing the security and personal touch. We are passionate about helping SME's to be understood and support them to grow, receive credit and trade fairly.


Year launched: 2015

Management team: Erez Saf, Dr. Moshe Bareket, Dave McAdam.

 

How did the idea for the business originate?
Coming from a background working with SMEs as SAP developer and later as SAP Partner CTO, I’ve noticed many times the work needed to be done to understand the SME credibility from one side, and how difficult it is to apply for credit, even for the promising companies.

After personally experienced a payment delay of over a year, I’ve entered into an exciting journey to find a solution to the credibility issues private companies, mainly SME’s suffer.

Do you have customers yet? If not, how far into your business lifecycle are you?
Yes, the company have international leading customers and generate revenue. Launched in 2015, with offices in Brisbane, San Francisco, and Tel-Aviv, we have first tier customers as Euler Hermes, Queensland Government, and international lenders.



How have you funded your growth to date?
We had been back by Plug And Play, Angel investors in Silicon Valley, and supported by Advance Queensland by the Queensland Government. Revenue helps as well.

What would a successful year look like for you?
We already have a successful 2018, closing important deals in Australia and the USA, generating meaningful revenue and winning international awards as BBVA Open Talent awards for best Credit Management Platform, China FinMaker Competition and Global Startup Challenge: FinTech 2017.

We had increased our DB’s size to have more then 35,000 debtors with over $500M worth of invoices. Great year!


Anyone interested in speaking with the CRiskCo team can meet them at FinTech Connect in booth 
C11, 5-6th December at the ExCeL LondonView the Floorplan, or register now as a free visitor!

To see who else is exhibiting at Fintech Connect, click here.

 

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