Credit risk data startup secures VC backing

A London-based fintech firm that pools credit ratings from global banks has raised $7 million in an investment round led by Index Ventures

Credit Benchmark, a London-based fintech startup that pools credit ratings from global banks, has raised $7 million in an investment round led by Index Ventures to accelerate its growth.

The firm is seeking to unlock untapped resources in the institutional credit risk data market by collecting internal risk estimates produced by analysts at banks and using them to create anonymous consensus ratings.

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