Our mission

Origin story

All superheroes have origin stories, and the same goes for our AML warriors – For them, it all started in 2016.

Mathias Kobberup had a good idea to catch fraudsters, and he shared it with an investor group, where he quickly got a response from the former CEO of 3x34, Peter Hauge Jensen.

Peter faced challenges with creditors who did not pay their bills and people who outright cheated. The two men decided to start the company. They began to prepare an algorithm both for credit assessment and what characterized companies that neither paid their bills and, in some cases, were "prepared for the occasion."

In 2017, they contacted Ronni Baslund, who had the technical knowledge Mathias Kobberup and Peter Hauge Jensen lacked to bring the dream to life. Ronni has a background as a senior software developer from Shoreline A/S. With his IT skills, the entrepreneurial drive gained momentum, and the fight against money laundering and bad creditors gained momentum.

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.