UK-based ClearScore enters India

UK-based ClearScore enters India
UK-based ClearScore enters India

ClearScore, a London, UK-based free credit checking service, has entered India by launching its web and mobile-web services in the country. The start-up has recently got acquired by Experian, a Dublin, Ireland-based consumer credit reporting giant, in March this year. ClearScore is also is getting ready to introduce Android and iOS apps in India, later this year. ClearScore matches consumers with personal financial products and offers free credit reports. The start-up is touted as being the first company in the UK to do so and monetises from the commission on products sold to users after they've completed their credit check. The website uses real-time data in order to present to users credit suggestions, tailored to their financial situation. Justin Basini, CEO at ClearScore, said in a statement: “Our focus has always been on helping our users achieve greater financial well-being, through a beautiful, simple interface. We're making it easier for people to get control over their financial situation, and access the best offers in the market.” Hrushikesh Mehta, GM - India at ClearScore, said in a press release statement: “It makes perfect sense for ClearScore to enter India right now. Millennials aspirations to India's rapid acceptance of fintech innovations over the past two years provide the perfect backdrop for ClearScore's entry into India at the time.”

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