Creditinfo
{{Use dmy dates|date=January 2019}}
{{Infobox company
|name = Creditinfo Group
|logo = Creditinfo Group Logo.png
|foundation = {{start date |1997|01|31|df=y}}
|location = London, United Kingdom
|key_people = {{Unbulleted list |Reynir Grétarsson (Founder & Shareholder)|Satrajit Saha (CEO)|}}
|industry = Business services
|products = Credit Bureau, Credit scorecards, Decision support system,
|num_employees = 400
|homepage = {{URL|http://www.creditinfo.com/}}
}}
Creditinfo is a global credit bureau and information services group with operations in more than 33 countries.{{cite web|url=http://www.visir.is/lanstraust-med-starfsemi-i-sudan-og-afganistan/article/2013130719759|title=Creditworthiness operations in Sudan and Afghanistan|date=7 December 2013 |accessdate=10 December 2013}}{{cite web|url=http://siteresources.worldbank.org/EXTFINANCIALSECTOR/Resources/Private_Credit_Bureau_LIST_July_2010.pdf|title=Private Credit Bureaus around the World|accessdate=14 January 2013}}
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.{{cite web|url=http://creditinfo.com/creditinfo/about-us/|title=Creditinfo.com|accessdate=21 October 2013}}
History
The sole founder of Lánstraust ehf was Reynir Grétarsson, with two other co-founders bringing their share capitals later the same year.{{cite web|url=http://creditinfo.com/creditinfo/about-us/|title=Creditinfo.com|accessdate=21 October 2013}} 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.{{cite web|url=http://www.cederquist.com/en/Newsroom/Pressreleases/Behallare/Cederquist-represents-Bisnode-in-its-acquisition-of-Creditinfo-SCHUFA-/|title=Advokatfirman Cederquist represents Bisnode in its acquisition of Creditinfo SCHUFA companies in the Czech Republic, Slovakia and Poland|accessdate=10 April 2014}}{{cite web|url=http://www.biia.com/hellastat-greece-acquires-credit-info-hellas-alpha-mi|title=Hellastat Greece Acquires Creditinfo Hellas|accessdate=21 March 2014}} 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%.{{cite web|url=http://investing.businessweek.com/research/stocks/private/person.asp?personId=47170934&privcapId=143153246&previousCapId=124640&previousTitle=INTRUM%20JUSTITIA%20AB|title=Graham Cedric Platts|accessdate=10 April 2014}}{{dead link|date=April 2023|bot=medic}}{{cbignore|bot=medic}}{{cite web|url=http://www.vb.is/m/38178/|title=Scoresoft acquires 18,6% stake in Creditinfo|accessdate=10 April 2014|archive-url=https://web.archive.org/web/20141204201414/http://www.vb.is/m/38178/|archive-date=4 December 2014|url-status=dead}}
In 2009, Creditinfo and Schufa signed a contract and created Creditinfo SCHUFA GmbH. This cooperation was terminated in 2011 due to conflicts of interest.{{cite web|url=http://www.businesstoday.com.mt/2009/01/07/t7.html|title=Creditinfo signs joint venture deal with SCHUFA GmbH|accessdate=10 April 2014}} In March 2012, Creditinfo established the first licensed credit bureau in Jamaica.{{cite web|url=http://www.jis.gov.jm/news/leads-104/35114|title=jis.gov|accessdate=31 October 2013}}{{Dead link|date=November 2019 |bot=InternetArchiveBot |fix-attempted=yes }}{{cite web|url=http://www.jis.gov.jm/news/leads/35141|title=jis.gov|accessdate=31 October 2013|archive-url=https://web.archive.org/web/20130929102132/http://www.jis.gov.jm/news/leads/35141|archive-date=29 September 2013|url-status=dead}} 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.{{cite web|url=http://www.creditinfo.com.mt/press-room/news/news-item/2013/02/28/Another-milestone-for-Creditinfo-Group--Central-Bank-of-Afghanistan-installs-Creditinfo-system-/|title=Creditinfo.com|accessdate=9 December 2013|archive-date=17 May 2014|archive-url=https://web.archive.org/web/20140517200559/http://www.creditinfo.com.mt/press-room/news/news-item/2013/02/28/Another-milestone-for-Creditinfo-Group--Central-Bank-of-Afghanistan-installs-Creditinfo-system-/|url-status=dead}}{{cite web|url=http://www.thecitizen.co.tz/Business/BoT-gives-nod-to-start-of-credit-bureau-s-dealing/-/1840414/1895158/-/glhs54z/-/index.html|title=BoT gives nod to start of credit bureau's dealing|accessdate=9 December 2013|archive-date=17 May 2014|archive-url=https://web.archive.org/web/20140517222404/http://www.thecitizen.co.tz/Business/BoT-gives-nod-to-start-of-credit-bureau-s-dealing/-/1840414/1895158/-/glhs54z/-/index.html|url-status=dead}}{{cite web|url=http://abc.az/eng/news/main/77396.html|title=abc.az|accessdate=9 December 2013|archive-url=https://archive.today/20140517125630/http://abc.az/eng/news/main/77396.html|archive-date=17 May 2014|url-status=dead}}
Creditinfo Group is listed in "Doing Business 2013" publication issued by World Bank and International Finance Corporation.{{cite web|url=http://www.doingbusiness.org/~/media/GIAWB/Doing%20Business/Documents/Annual-Reports/English/DB13-full-report.pdf|title=Doing Business 2013|accessdate=31 October 2013|archive-url=https://web.archive.org/web/20140530031102/http://www.doingbusiness.org/~/media/GIAWB/Doing%20Business/Documents/Annual-Reports/English/DB13-full-report.pdf|archive-date=30 May 2014|url-status=dead}}
Notable acquisitions
The acquisitions of ICECREDITINFO and Upplýsingaþjónustan in 1998 eliminated all the existing Icelandic competition.GRÉTARSSON, R. Creditinfo Group Part I (Creditinfo Group: Reykjavík, 2012.)
In 2004, Creditinfo acquired a media monitoring service called Fjölmiðlavaktin.GRÉTARSSON, R. Creditinfo Group Part I (Creditinfo Group: Reykjavík, 2012.) In 2015, Creditinfo acquired Credit Bureau in Morocco from Experian.{{cite web|url=http://chronicle.creditinfo.com/creditinfo-acquire-credit-bureau-in-morocco-from-experian/|title=Creditinfo Chronicle|date=16 July 2015|accessdate=18 August 2016}} In August 2015, Creditinfo acquired Krediidiinfo in Estonia from Experian.{{cite web|url=http://chronicle.creditinfo.com/creditinfo-acquire-credit-bureau-in-estonia-from-experian/|title=Creditinfo Chronicle|date=4 January 2016|accessdate=18 August 2016}} In August 2016, Creditinfo acquired VisualDNA’s Credit and Risk business from Imagini.{{cite web|url=http://chronicle.creditinfo.com/wp-content/uploads/2016/08/visual-dna-final.pdf|title=Creditinfo Chronicle|accessdate=18 August 2016|archive-url=https://web.archive.org/web/20160913232609/http://chronicle.creditinfo.com/wp-content/uploads/2016/08/visual-dna-final.pdf|archive-date=13 September 2016|url-status=dead}}
Creditinfo operates in the business-to-business sector selling consumer credit reports and related analytics.{{cite web|url=http://www.microcapital.org/microcapital-brief-creditinfo-groups-credit-reference-bureau-licensed-in-tanzania/|title=Creditinfo Group's Credit Reference Bureau Licensed in Tanzania|date=9 July 2013|accessdate=11 March 2014}}
Countries of Operation
=Subsidiaries=
- Creditinfo Guyana{{cite web|url=http://ifcext.ifc.org/IFCExt/pressroom/IFCPressRoom.nsf/0/8DFCDD646D4A714485257BF3004F8ABC?OpenDocument|title=First Licensed Credit Bureau Opens its Doors in Guyana to Support Access to Finance|accessdate=10 December 2013}}{{cite web|url=http://www.guyanatimesgy.com/?p=33009|title=Attorney general urges speedy passage of anti-money laundering amendments|accessdate=9 April 2014}}
See also
{{Portal|Companies}}
References
{{Reflist|colwidth=30em}}
External links
- [http://www.creditinfo.com/ Creditinfo.com], Homepage