CreditSCRIPT

wealthtech (retail)other investments platform

FOUNDING YEAR: 2016
LOCATION: United Kingdom
Last Update: 01/05/2020

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About

CreditSCRIPT (www.creditscript.com) connects both retail and institutional investors to alternative credit originators within a single platform.

Focus

PRODUCTS & SERVICES

CreditSCRIPT develops technology solutions to help professional investors assess loans and portfolios originated by online marketplace lenders. It provides the latest technology and analytics solutions to evaluate price and monitor large financial portfolios of loans (consumer, student, SME, auto and mortgages). Solutions for investors include loan auction technology, portfolio management, risk management, credit surveillance, originator data & research and independent valuation. For originators it provides primary auction liquidity and secondary action liquidity.

REVENUE MODEL

We charge between 0.36% and 1.0% of investor account value. In addition private securitisations have between 2-3% arrangement fee's. FX revenue and referral income is also applicable. .

MAIN CLIENTS

Professional investors

PRIMARY PROBLEM SOLVED

1) CreditSCRIPT is a single platform aggregator of online originated credit. With over 342 online P2P and marketplace lenders in the US, Canada, UK and Europe, investors are increasingly facing an investment management dilemma and the best loan originators a differentiation challenge in a competitive marketplace. 2) Investment Management Our platform provides solutions for order management (OMS), portfolio management (PMS), risk management (RMS) as well as third party custody & or securitisation for approved origination partners. We help retail and institutional investors build bespoke, robo-advisor and/or smart auto-invest portfolios to diversify their risk. 3) Originator Solutions We are a strategic partner for loan originators seeking to broaden their funding options.

INTELLECTUAL PROPERTY

Patent(s) NOT_FILED

People

FOUNDERS

Michael Arnaldi

Aisha Sudally

NUMBER OF EMPLOYEES

1-10

INVESTORS:

Holt Accelerator

COMMENT:

Over 50 years of tech, data,structured debt capital markets experience with a track record of building financial companies. Our last exit in this space grew AuM from $2bn to $13 bn,was sold to Blackstone Private Equity.

Momentum

FUNDED

YES

DATE OF LAST FUNDING

Sep 2018

SEED CLOSED ON

Sep 2018

LISTED

NO

For Investors

FUNDING NEEDED:

$3 M

USES OF FUNDS RAISED:

1. Begin UAE sandbox trial for upto 2 years from 1st Nov 2017

2. Begin London sandbox testing for six months from 1st Dec 2017

3. Expand number of loan originators on platform

4. Apply to MAS to open Singapore office

5. Test Mauritius Retail

6. Implement product development plan

EXIT STRATEGY

Trade Sale or IPO.

MONTHS LEFT WITH CURRENT CASH BURN RATE:

24 months from 21 Sep, 2017

COMPETITORS:

Orchard

Cross Lend

BASICS

FOUNDING YEAR:

2016

LOCATION:

United Kingdom

Views:

487 VISITORS | 2395 VIEWS
TOTAL EMPLOYEES
1-10

About

CreditSCRIPT (www.creditscript.com) connects both retail and institutional investors to alternative credit originators within a single platform.

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Momentum+
People+
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CreditSCRIPT

About

CreditSCRIPT (www.creditscript.com) connects both retail and institutional investors to alternative credit originators within a single platform.

Focus

PRODUCTS & SERVICES

CreditSCRIPT provides a platform solution for order management (OMS), portfolio management (PMS), risk management (RMS) as well as third party custody & securitisation for approved online origination partners.

REVENUE MODEL

We charge between 0.36% and 1.0% of investor account value. In addition private securitisations have between 2-3% arrangement fee's. FX revenue and referral income is also applicable. .

TOP PROBLEM SOLVED

1) CreditSCRIPT is a single platform aggregator of online originated credit. With over 342 online P2P and marketplace lenders in the US, Canada, UK and Europe, investors are increasingly facing an investment management dilemma and the best loan originators a differentiation challenge in a competitive marketplace. 2) Investment Management Our platform provides solutions for order management (OMS), portfolio management (PMS), risk management (RMS) as well as third party custody & or securitisation for approved origination partners. We help retail and institutional investors build bespoke, robo-advisor and/or smart auto-invest portfolios to diversify their risk. 3) Originator Solutions We are a strategic partner for loan originators seeking to broaden their funding options.

PRODUCT DEVELOPMENT STAGE

PROTOTYPE

PRODUCT DEVELOPMENT COMMENT

We have a working prototype commencing US beta trial in Q3 2017.

KEY DIFFERENTIATORS

Real time auctions Real time order management Analytics and data Portfolio management Auto Invest & Multi Platform invest RIsk Management Custody and Securitisation

PRIMARY CUSTOMER TYPE

Enterprise - Banks or Financial Institutions

Enterprise - Others

PRODUCT ATTRIBUTES

SaaS

People

FOUNDERS

Michael Arnaldi

Aisha Sudally

NUMBER OF EMPLOYEES

1-10

KEY EMPLOYEES:

CEO: Justin Farr-Jones

CTO, FOUNDER: Michael Arnaldi

FOUNDER: Aisha Sudally

TEAM COMMENT:

Over 50 years of tech, data,structured debt capital markets experience with a track record of building financial companies. Our last exit in this space grew AuM from $2bn to $13 bn,was sold to Blackstone Private Equity.

INVESTORS:

Holt Accelerator

Momentum

FUNDED

NO

TOTAL FUNDING:

$1 M

LISTED

NO

FUNDING SERIES
Seed Jan 2016 --- USD1 M at a USD1 Mvaluation Comment on Seed Seed investor from Mauritius based private equity firm. Acura Capital