Kreditech is an international, technology-based company that takes a fundamentally new approach to identifying and scoring users online. Based on a complex fully automated, statistical algorithm, up to 8,000 data points per application are processed within seconds for a credit decision. This innovative technology takes into account all information that can be found in any accessible database, including social media, e-commerce shopping behavior, location, mobile phone usage, etc. Unfortunately, we can’t go into deeper detail, as the underlying data sources and statistical classifiers are our secret duck sauce.

Kreditech was founded in 2012 by German entrepreneurs and has since expanded into various countries and business fields.