Revolut chooses Equifax as U.S. data and analytics partner
By Pavithra R
Global fintech innovator Revolut has announced entering into a new strategic relationship with Global data, analytics and technology company Equifax, to better serve its customers in the United States and provide a more diverse range of services.
Revolut chose Equifax for its ability to provide cloud-native differentiated data assets and real-time predictive analytics for a faster, more informed view of customers and prospects.
“We’re on a mission to build the world’s first global financial superapp. Equifax has a strong understanding of the global fintech space. They provided us with the flexibility we needed to replicate our unique business model internationally while giving us a deeper view of the needs of consumers and small businesses as we seek to provide a more diverse range of products for our customers in the U.S,” said Ronald Oliveira, CEO of Revolut U.S.
Established in 1899, Equifax is a global data, analytics, and technology company. It operates or has investments in 24 countries in North America, Central and South America, Europe, and the Asia Pacific region. The firm is a cloud-native consumer credit reporting agency, which enables it to provide the unique ability to give deeper, more predictive insights, customized solutions, faster results, and maximum security.
With Equifax, Revolut is able to obtain the decision intelligence they need within milliseconds, enabling them to help consumers and small businesses access more financial opportunities and manage their money with greater freedom. Equifax also provides a number of flexible, innovative solutions, including the new InnovationX immersive experience, to support the needs of rapidly expanding FinTechs like Revolut.
“Data is at the heart of fintech innovation and competitive advantage. We partner with fintechs of all sizes to provide the data and analytics they need to innovate at the speed of now. With Equifax, Revolut is able to quickly improve its service and decision-making outcomes with richer context on the U.S. market. We’re providing actionable insights that can help Revolut acquire new customers seeking financial opportunity while mitigating risk and increasing revenue,” said Sharla Godbehere, Leader of FinTech and Alternative Financial Services for Equifax United States Information Solutions (USIS).
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