Money & Banking

ClearScore forays into India

Our Bureau Mumbai | Updated on August 21, 2018 Published on August 21, 2018

ClearScore, a UK-based free credit checking service, has forayed into India by launching its web and mobile-web services in the country and is getting ready to introduce Android and iOS apps later this year.

The company offers free services, with users of the service not required to enter bank account or credit card details at any stage. The ClearScore app is completely free – with no upsells or extra charges for additional features.

The website uses real-time data in order to present to users credit suggestions, tailored to their financial situation, ClearScore said in a statement.

“Our focus has always been on helping our users achieve greater financial well-being, through a beautiful, simple interface. We're making it easier for people to get control over their financial situation, and access the best offers in the market,” Justin Basini, CEO at ClearScore, said.

At present, ClearScore has more than 7 million users globally. The brand intends to launch its free financial coaching feature, as a personalised online service, soon. This feature now has 1.65 million users globally, it added.

“It makes perfect sense for ClearScore to enter India right now. Millennials aspirations to India’s rapid acceptance of fintech innovations over the past two years provide the perfect backdrop for ClearScore’s entry into India at the time,” Hrushikesh Mehta, GM – India at ClearScore, said.

Published on August 21, 2018
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