Aug 22
Challenger banks move to stand out from the crowd


Laura Noonan – Financial Times 

“Credit Data Research is offering credit “passports” to small and medium-sized enterprises with detailed analysis of their finances that makes it easier for them to obtain loans from banks, which are wary of losing money, and to access market finance. The company started out in the Italian market 16 months ago. This year it will expand to the UK, France, Spain and Portugal, says founder Alessio Balduini. It has backing from Moody’s Analytics, the analysis arm of the rating agency giant.”

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