Newsletter July 2022

CRiskCo now live in Israel!

Bank Hapoalim and CRiskCo have partnered to conduct a Proof of Concept on how Open Accounting technology can be adopted to the Israeli market to increase business owners’ access to credit.

The CRiskCo platform is now operational in Israel. We completely adapted our dashboard to be entirely in Hebrew, and we also developed compatibility with the Israeli Hashavshevet accounting system.

Being able to collaborate with one of the leading banks in Israel is a huge milestone for us.

Israel, this is just the beginning!

We’d like to introduce Pymes Capital, our newest partner from Miami, that specializes in offering MCA digital loans to Mexican SMBs.

If you want a digital, fast, and customized loan with a high acceptance rate, you should go to: https://pymescapital.com.mx/

Pymes Capital is welcoming growing SMBs to apply for financing and grow!

Bank Director Features CRiskCo in Their Technology Directory for Banks

We are excited to share that CRiskCo has been chosen for inclusion in Bank Director’s FinXTech Connect platform. Built specifically for bank leaders, FinXTech Connect is a curated directory of fintech companies that have been carefully vetted and identified by Bank Director as “bank-friendly” – with a proven history of financial performance and an existing roster of bank clients. Fintech companies cannot access or pay to be featured in the platform.

FinXTech, powered by Bank Director, specializes in connecting a hugely influential audience of US bank leaders with technology partners at the forefront of innovation through annual conferences, editorial content and the aforementioned FinXTech Connect platform.

What is a credit report and how is it built?

The credit report is a very useful tool for financial entities, since it is used as the basis to have a wide profile of those who go to them to request a credit. It helps them to get to know potential customers, and to assess the likely risk they can represent.

In fact, one of these reports is a summary that compiles all relevant financial data as well as that related to past credits. This is possible due to a series of analysis, ranging from economic status of the business whose report is being shown to its account statements and its credit history and debts.

Why is credit analysis important?

Would you like to learn more about Open Finance?

Contact us