Qunit Group, one of the leading fintech companies in the UK, has launched Infinian, a new data company, to leverage and commercilaise the Groups vast real time data assets.
Infinian provides highly insightful data to financial services business, fintech companies and some of the biggest global data businesses and credit bureaus. The company’s suite of products enables its customers to enhance the quality of their credit decisions and existing customer databases, enabling them to create more efficient and profitable operating models.
The business has seen explosive growth since launching in December last year driven by the unique nature of the Group’s data sources and access to its existing customer base and relationships.
Greg Cox, founder and CEO of Quint Group said, “With Infinian we are able to provide unique insightful data to financial services businesses, fintech companies and some of the biggest global data businesses and credit bureaus.
“Infinian’s suite of products gives a new source of alternative data that enables our customers to enhance the quality of their credit decisions and existing customer’s databases, enabling them to create more efficient and profitable operating models.”
Sam Colclough, CIO at Infinian added, “Our ‘Vision’ database is unique, fed in real time by exclusive data created from Quint’s market leading customer finance businesses, as well as thousands of other real-time data points.
“The data is then intelligently deployed into Infinian’s product suite which falls into four key areas; Credit Risk, Fraud, Collections & Tracing and Enhancement.”
Infinian is on course to see revenues exceed £2 million in the current year.
Quint saw its turnover rise to over £35 million in the last financial year and expects revenues to exceed £50 million in the current year. Growth in the company has been driven by a number of factors including strong growth in its data business.
The Group was also recently named number 33 in the Sunday Times 100 Best Small Companies to Work and won the Queens Award for Enterprise in innovation.