cashpresso wants to enable its customers to pay in installments anytime and anywhere – as simply and quickly as possible. Installment payments are based on a framework loan which can be applied for completely online and without long waiting times. In order to be able to grant real-time loans, cashpresso was looking for a provider that could provide an automated and real-time overview of the financial situation of potential customers.
The credit reports mentioned above should be expanded to include additional financial information. The aim was to further improve the evaluation basis for credit decisions and to minimise default risks.