Colendi
Financial ServicesEngland, United Kingdom51-200 Employees
Colendi operates a multifunctional banking-as-a-service platform that aims to democratize access to banking for consumers, merchants, and financial institutions, addressing the limitations of traditional banking. It highlights a global gap where more than three billion people are unbanked and over five billion cannot obtain loans. The company builds its offerings around scoring algorithms that integrate artificial intelligence and big data, providing fast access to loans via a buy-now-pay-later model and other financial services to about seven million users. Based in London, England, Colendi sits in the financial services sector and collaborates with platform partners and strategic allies to extend its reach. It serves a broad user base, seeks to improve financial literacy, and supports saving through micro-investment platforms, with the company described as mid-sized.