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Moscow Seed Fund and Life.Sreda invest in microcredit scoring technology

Earlier this month Moscow Seed Fund, the venture arm of the Moscow city authorities, and Life.Sreda, a Russian fintech fund, announced they brought in 12 million rubles (approximately put $240,000 at the current exchange rate) in Scorista.ru.

 

Launched in 2013, this Moscow-based startup provides microcredit companies with credit scoring and risk analysis “in a minute.” In addition to authenticating the borrower’s ID documents, this scoring technology integrates information from the borrower’s social media profile, mobile phone account, credit and even fine history.

 

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