CREDIT-VISION, the UK Government-backed FinTech start- up aiming to standardise access to corporate credit data for banks and investment funds, announced today it has moved its headquarters to High Growth Space 24 (HGS24). HGS24 is a space that Europe’s largest Fintech accelerator Level39 reserves to its highest-growth companies. At HGS24, Credit-Vision will also be part of SILK Ventures’ ecosystem. Silk is a Chinese focused investment firm with offices in London’s Level39, Silicon Valley and China.
Credit-Vision’s founder and CEO Paolo Malaguti said: “Chinese high yield bond issuance has been increasing steadfastly for four years in a row and so far this year it has already claimed 2/3rd of Asian high yield issuance except Japan. Asian corporate debt is very attractive to us and the combination of working closely with SILK and being based at HGS24 will bring substantial benefits to Credit-Vision as we are starting to scale our operations and network to fulfil our global growth ambitions”.
“We are delighted to have Credit-Vision based in our London offices and become part of our ecosystem. The team has the right resources to build a compelling business and we look forward to assisting them as they accelerate their international expansion” added Angelica Anton, Managing Partner at SILK Ventures.
Credit-Vision was nominated Level39 ‘Rising Star’ start-up in 2016.
Credit Vision operates the next generation Saas-based financial data platform for the corporate debt markets to access, aggregate and analyze private company financials, and generate actionable insights from such data.
The company has been awarded a UK Government grant for technology innovation and it is backed by a syndicate of expert investors in private equity, corporate credit, financial data and technology.
SILK Ventures launched in 2015 with the mission to build the most advanced investment ‘Silk Road’ for technology companies seeking to expand to China and for Chinese companies seeking to ‘go global’.
SILK invests in deep technology and deep science companies that create significant efficiencies and promise to transform their industries.
Edith FishtaVice President of Media CoverageEdith.Fishta@credit-vision.comTel. 020 3948 6020
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