The Kreditech Group is split into two parts: “Kredi” stands for the subsidiaries operating as financial service providers that issue credit to private individuals. The second part, “tech” is the Hamburg-based tech company – Kreditech Holding – developing banking technology and providing supporting services. Based on 20,000 data points, its proprietary technology allows financial service providers to acquire, identify, score, pay out and upsell customers within seconds. Automated processes combined with selflearning algorithms ensure fast and convenient customer service while minimizing costs and space for human error. The Kreditech Group’s subsidiaries operate in nine countries.