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Creditinfo
From Wikipedia, the free encyclopedia
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Creditinfo is a global credit bureau and information services group with operations in more than 33 countries.[1][2]
As of 2020 the company employs over 450 people with corporate headquarters in London, United Kingdom. The company was initially created in 1997 as Lánstraust ehf, later taking up the name Creditinfo.[3]
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History
The sole founder of Lánstraust ehf was Reynir Grétarsson, with two other co-founders bringing their share capitals later the same year.[4] One of these partners left after a few months, the other partner left after 3 years. In 2003, Lánstraust ehf was renamed and established as Creditinfo.[5][6] In 2005, Graham Platts and two other former executives of Experian became shareholders in the company, buying a total of 17% of the shares. They remained shareholders until 2013, when the company itself bought back their share in the company, at that time 31,5%.[7][8]
In 2009, Creditinfo and Schufa signed a contract and created Creditinfo SCHUFA GmbH. This cooperation was terminated in 2011 due to conflicts of interest.[9] In March 2012, Creditinfo established the first licensed credit bureau in Jamaica.[10][11] In February 2013, Creditinfo signed an agreement to provide credit bureau software to Da Afghanistan Bank, and in June 2013, Creditinfo was granted a full operation licence to the Bank of Tanzania.[12][13][14]
Creditinfo Group is listed in "Doing Business 2013" publication issued by World Bank and International Finance Corporation.[15]
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Notable acquisitions
The acquisitions of ICECREDITINFO and Upplýsingaþjónustan in 1998 eliminated all the existing Icelandic competition.[16] In 2004, Creditinfo acquired a media monitoring service called Fjölmiðlavaktin.[17] In 2015, Creditinfo acquired Credit Bureau in Morocco from Experian.[18] In August 2015, Creditinfo acquired Krediidiinfo in Estonia from Experian.[19] In August 2016, Creditinfo acquired VisualDNA’s Credit and Risk business from Imagini.[20]
Creditinfo operates in the business-to-business sector selling consumer credit reports and related analytics.[21]
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Countries of Operation
Subsidiaries
See also
References
External links
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