Compliance should be simple
Creditro was not supposed to be and did not become another bureaucratic system that required weeks of local device installations and demos. Instead, the platform was simple and easily accessible – via a browser – so users could be accessed it from deckchairs in Spain and offices in Esbjerg. All it required was an internet connection.
The platform can today identify 9 out of 10 fraudulent companies in Denmark and warns against 65% of all bankruptcies at least three months before they happen. Creditro also has automated credit assessments, so a KYC check, according to our customers, takes around 5 minutes.
The hard work has paid off, and in a few years, Creditro has managed to build a database with more than 45 nationalities connected today.
In 2020, Creditro became part of the Norwegian IT group, Visma, where we continue as an independent company, but now with even greater muscle, ready to fight for a world without financial crime and money laundering.
We always want to learn – do better and be better. That is why we collaborate on our journey with the Danish Business Authority, a compliance board, and our customers.
