Noggin HQ raises £2.3m & becomes UK’s newest credit reference agency
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Noggin HQ raises £2.3m for its alternative credit scoring tech
Newcastle-based fintech Noggin HQ has raised £2.3m in an oversubscribed seed round and launched its alternative credit scoring technology to UK lenders. The startup uses permissioned banking transaction data to help lenders identify creditworthy customers whom traditional systems miss. The seed round comes as the business obtains its credit referencing authorisation from the Financial Conduct […] The post Noggin HQ raises £2.3m for its alternati…
Noggin HQ raises £2.3m & becomes UK’s newest credit reference agency
Newcastle-based FinTech Noggin HQ has launched its alternative credit scoring technology to UK lenders after raising £2.3 million in an oversubscribed seed round. The raise comes as the business successfully obtains its credit referencing authorisation from the Financial Conduct Authority, meaning it can now provide its cashflow-based credit data to FCA-authorised lenders. This makes it one of only a handful of companies to obtain a license…
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