Yubi, a credit platform, has said that it has acquired a 100 per cent stake in FinFort Infotech, a digital credit analytics company for the retail segment. FinFort offers advanced tech infrastructure and data analytics for private data to banks and NBFCs.
With this strategic move, Yubi might use the fresh funds for expanding its product suite and enhancing its capabilities.
As part of the acquisition, FinFort will join the Yubi group of companies, collaborating with Yubi’s subsidiary, Corpository. Corpository is a SaaS-based credit analytics platform for corporate lending, providing access to over 100+ public information sources, including MCA, court records, tribunals, and more.
In addition to the acquisition, Gaurav Kumar, Founder and CEO of Yubi, and Aniket Shah, CEO of Corpository, have joined FinFort Infotech as designated partners. Their extensive experience in the credit and investment space will greatly benefit FinFort as it continues to provide innovative solutions to its clients.
“We are thrilled to welcome FinFort as an integral part of the Yubi group of companies,” said Gaurav Kumar, Founder and CEO of Yubi. “This acquisition aligns perfectly with our mission of being the ubiquitous layer, a unified credit infrastructure that deepens the debt markets.
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