Our final demonstration of this session comes courtesy of Ormsby Street.
CreditHQ takes data from major credit-data suppliers and uses that to allow small businesses to check the credit status, payment performance, and financial health of the companies they invoice. The CreditHQ Insight Engine explains what each piece of information means within the context of the relationship that a business has, and gives options on what actions might be taken.
Presenter: Martin Campbell, managing director
Product launch: January 2015
Metrics: Ormsby Street is founded as a spinoff from BCSG, which owned a simple credit-risk product originally dating back to 2008. CreditHQ now has more than 26,000 customers in the United Kingdom with a weekly growth rate of 10%.
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), through financial institutions
HQ: London, United Kingdom
Founded: February 2014