Yubi Acquires Digital Credit Analytics Company FinfortInfotech

New Delhi
Unified credit marketplace digital platform Yubi on Thursday announced that it has acquired a 100 per cent stake in FinFortInfotech, a digital credit analytics company for retail segment.As part of the acquisition, for which terms were not disclosed, FinFort will join theYubi group of companies, collaborating with Yubi's subsidiary, Corpository.
FinFort offers advanced tech infrastructure and data analytics for private data to banks and NBFCs.With this move, Yubi said it will further solidify its position as a key player in the credit industry while expanding its product suite and enhancing its capabilities.Corpository is a SaaS-based credit analytics platform for corporate lending, providing access to over 100 public information sources, including MCA, court records, tribunals, and more.
Yubi has facilitated debt volumes of over Rs 1, 40,000 crore with more than 17,000 enterprises and over 6,200 investors and lenders on its platform.It acquired its collections arm, Spocto, and full-stack corporate credit analytics company, Corpository, last year.