An essential player in new financial services

Startup fintech companies are bringing to market convenient new services that leverage the internet, smartphones, AI, and other such technologies. However, in some cases they do not possess any know-how in peripheral functions, such as the analysis of credit risk in their transactions, and this can present a challenge in terms of developing and expanding their business.

For example, while fintech companies that purchase debt grow the number of users they have by using smartphone apps to increase contact points with clients, they were faced with the issue of a lack of know-how when it came to assessing companies from the perspective of debt purchasing, rendering them unable to take a proactive approach to business development that entailed risk. But by outsourcing work in such fields where they lack know-how to experts in the form of eGuarantee, they are now able to work on broad-ranging service development and expansion unrestricted by credit risk.