Provenir and CRiskCo recently announced a new partnership to accelerate the small business lending process. Provenir helps fintechs, financial institutions, and payment providers make smarter decisions faster by simplifying the risk decisioning process. Clients use Provenir’s technology to easily design, build, and deploy solutions to solve complex business challenges such as digital onboarding, retail financing, BNPL approvals, SME lending, insurance, and fraud plus drive innovation in areas like eCommerce, eWallet, digital banking, and embedded finance.

CRiskCo has joined the Provenir Marketplace which provides organizations with a one-stop data hub for easy access to data covering open banking, KYC/KYB, fraud prevention, credit risk, verifications, social media, collections, affordability and more.

Through the Provenir Marketplace, SME lenders can easily access financial insights curated by CRiskCo to simplify the commercial lending process. Financial organizations can take advantage of this data to make the long, complex, and costly process of underwriting faster, cheaper, and more accurate, which will help small businesses gain access to more credit to achieve their goals.

CRiskCo currently serves markets in the UK, Israel, Australia, Mexico and the US. This partnership holds special promise for the commercial lending industry in Mexico, where many loan processes are conducted manually.

“Mexico is a high-potential market for us, and it is currently our key market. We’re looking forward to work with Provenir to reach out to more Mexican business owners and support their growth”

-Erez Saf
CEO, CRiskCo

About CRiskCo
CRiskCo is a multinational company that provides forecasting tools utilizing Artificial Intelligence (AI), through Machine Learning and Predictive Analytics, to determine the future creditworthiness of SMEs. CRiskCo aims to help small and medium-sized businesses fulfill their dreams by connecting them with financial institutions through a simple platform. CRiskCo’s AI technology and APIs integrate to key accounting systems and external data sources (such as SAT, ATO, etc), allowing businesses and financial institutions to give credit quickly, easily, and securely. Financial summaries, customer and supplier listings, individual invoices, and analytics are all available in real time on one platform.

About Provenir
Provenir helps fintechs, financial institutions, and payment providers make smarter decisions faster by simplifying the risk decisioning process. It’s no-code, cloud-native SaaS products make it easy to rapidly create sophisticated decisioning workflows. With a global data marketplace for seamless integration, powerful AI and machine learning models, and real-time insights, Provenir has supercharged decisioning speed. Provenir works with disruptive financial services organizations in more than 40 countries and processes more than 2 billion transactions annually.