Unified credit marketplace digital platform Yubi on Thursday announced that it has acquired a 100 per cent stake in FinFort Infotech, a digital credit analytics company for retail segment.
As part of the acquisition, for which terms were not disclosed, FinFort will join the Yubi group of companies, collaborating with Yubi’s subsidiary, Corpository.
FinFort offers advanced tech infrastructure and data analytics for private data to banks and NBFCs.
With this move, Yubi said it will further solidify its position as a key player in the credit industry while expanding its product suite and enhancing its capabilities.
“This acquisition aligns with our mission of being the ubiquitous layer, a unified credit infrastructure that deepens the debt markets. FinFort’s deep knowledge of digital credit analytics, coupled with Corpository’s strengths, will enable us to provide comprehensive solutions and services to our customers,” said Gaurav Kumar, Founder and CEO of Yubi.
