Single source for pan European credit data
Effortless cross-border lending solutions
Integrate with Mifundo to seamlessly access and analyze international credit data, enhance customer onboarding, and make informed lending decisions in real-time.
Raise your business volume by 15%
Our partner banks have confirmed that foreign customers make up 10-25% of their portfolio.
Reduce the credit risk of foreigners up to 7x
Reduce your credit risk by up to seven times. Improve your loan performance by using data-driven insights in your risk management strategy.
Improve UX and reduce lead times by 65x
Make customer interactions easier with our simple financial identity verification, providing a faster, smoother and paperless experience both for your customers and employees.
Use cases for banks
Relocating professionals & returning expats
They are skilled professionals moving for work or returning home after years abroad. They have stable incomes and strong credit histories, but in another country. Banks often reject them due to the lack of a local credit history, even though banks in their home country would compete for having them as customers. With Mifundo banks can fairly assess these customers, reducing risk while gaining loyal, high-value clients.
Daily commuters between multiple countries
Workers living in one country and working in another—common in border areas like Tallinn-Helsinki, Copenhagen-Malmö, and Vienna-Bratislava. Their financial footprint is split across countries, making credit assessments complex. By aggregating data from both countries, Mifundo provides a complete financial picture, allowing banks to confidently serve this stable and growing customer base.
Cross-border property buyers
Europeans from Northern and Central Europe buying holiday homes for example in Spain, Italy, or France.Banks hesitate to lend to non-residents, even those with strong financial profiles.With Mifundo, banks can assess these buyers as easily as local applicants, tapping into a lucrative mortgage market.
Key features for cross-border lending
Credit bureaus
We have contracts to credit bureaus all over the Europe. This means you don't have to do it yourself, saving time, money and effort.
Standardized data
Mifundo unifies diverse credit data from multiple countries into a single, standardized format. Banks receive consistent, structured insights, eliminating the complexity of interpreting foreign credit reports.
Pan-EU credit score
Our standardized credit scoring model aggregates data from multiple credit bureaus and financial sources, enabling fair and accurate assessments.
Compliance
Mifundo ensures compliance with local and EU rules, handling country-specific data access, so banks can focus on lending.
Open banking
Access real-time transactional data across multiple EU countries, providing valuable insights into the financial profiles of foreign applicants.
Real-time credit data
Our standardized credit scoring model aggregates data from multiple credit bureaus and financial sources, enabling fair and accurate assessments.
Download raw data
Banks can access raw credit history and financial data to apply custom risk models.
One single API
One integration unlocks access to credit information across multiple European markets, eliminating the need for country-specific partnerships.
Flexible system
Our modular service adapts to different credit products and risk management workflows.
Frictionless UX
A seamless process that reduces friction for customers, making it easier to provide the necessary information and complete the credit application with minimal delays.
Go-to solution for expats
Ensures financial continuity for mobile Europeans, allowing them to access financial products using their existing credit history.
Differentiate from competitors
Offer innovative cross-border credit services that traditional banks can't, unlocking access to the €719B expat lending market.
Flexible Data Integration
Connect once via API for seamless data access or start testing instantly with our no-code web platform
Connect through one API
Use our web based data platform
Book a demo
Submit your information and we will contact you to see how we can grow your business together.
Questions & Answers
Can’t find the answer you’re looking for? Please email us info@mifundo.com or call us +372 5333 4248
