One Finance now has access to CRIF’s wide range of services through this partnership
CRIF, the global powerhouse in credit bureau provision, management, and operation, has partnered with One Finance, an integrated consumer financing platform. By partnering with CRIF, One Finance has access to CRIF’s wide range of credit bureau services, credit scoring models, data analytics tools, as well as global expertise in business intelligence and credit risk management.
In order to improve financial inclusion and empower individuals to plan and save in the face of rising prices, One Finance utilizes CRIF’s credit rating models and powerful data analytics tools, particularly the digital assessment models based on customer behavior and social data. As a result, the company is able to support consumer finance, which has seen significant growth in recent years.
One Finance has been able to utilize CRIF’s strong resources in nearly 50 countries around the world as part of this strategic partnership. Using One Finance, One Finance is able to assess creditworthiness accurately, streamline credit decision-making, and optimize financing strategies with maximum efficiency and accuracy, a revolutionary step forward in consumer finance.
Hazem Madani, One Finance’s deputy chairman, MD and CEO, declared that this partnership emphasizes the vision of both organizations to benefit their services as a major player in consumer finance in Egypt. The collaboration plans to provide a larger selection of consumer finance options for more people. Furthermore, it endeavours to secure and improve the financial health of various groups affected by decreased buying power, thereby pushing financial inclusion on an extensive level in Egypt. This alliance will further boost One Finance’s rank as a dependable consumer finance ally that can extend its customer base.
Together, the companies intend to foster the consumer finance ecosystem through this first-of-its-kind partnership. One Finance, one of the largest integrated consumer finance solutions providers known for its exceptional systems and tailored programs tailored to meet the specific needs of each individual and catering to a wide range of consumers, has partnered with CRIF, a global leader in credit information.
Egyptian customers have access to the highest credit limit available on the market with financing options ranging from a minimum of EGP 10k to a maximum of EGP 6 M. In addition, they can enjoy flexible payment and installment plans, diverse financing terms of up to 84 months, and diverse facilities.
The Italian company CRIF specializes in the management of credit information, credit ratings, data analysis, value-added services, and loan management. With more than 10,500 financial institutions and banks using the company’s services around the world, 600 insurance companies, 82,000 commercial customers, and 1,000,000 consumers using it on a daily basis across four continents, the company has a strong presence internationally.