Finexos is working to make credit better for everyone.
Born in the UK but with a global mindset. Finexos wants to make it easier for lenders to
lend safely, and for borrowers to get the credit they need at a price they can afford..
We believe that the credit system can and should be a win/win for the providers of credit and those that need it. Finexos was created with the dual goals of delivering financial inclusion and ending credit poverty. We know that, by equipping providers of credit with the tools to better detect risk, we can be part of the solution that will unlock credit for the millions globally that are underserved or completely excluded from the credit market.
Our diverse team of industry experts, published academics, and professionals all share the common goal of supporting the credit eco-system, lenders and borrowers, access affordable credit through the application of AI and advanced data science.
The Finexos team see AI as a force for good and are dedicated to improving the lives of borrowers, making lending safer for credit providers, and driving social and financial mobility for millions.
We are an award-winning global team of innovators, scientists and technologists working
towards a more inclusive finance system with less risk for all.
About Zitah
Zitah is an expert in business strategy and performance, with over 15 years’ experience holding C-Suite, Executive Board, and Non-Executive Board positions at high-profile international financial services organisations. She sits as a Board Trustee at the Money Advice Trust, is formerly a Non-Executive Director at ZOPA P2P and was previously on the Executive of the FCA.
CEO
Zitah is an expert in business strategy and performance, with over 15 years’ experience holding C-Suite, Executive Board, and Non-Executive Board positions at high-profile international financial services organisations. She sits as a Board Trustee at the Money Advice Trust, is formerly a Non-Executive Director at ZOPA P2P and was previously on the Executive of the FCA.
About Zitah Close
About Georgios
With over 20 years of global experience in Data Science, Georgios has led and delivered more than 60 successful projects and research initiatives across sectors, collaborating with leading organizations such as HackerRank and academic institutions like CQUniversity Australia. His work has been published in several peer-reviewed journals, and he consistently ranks in the top 2% of performers on international data science platforms.
Chief Data Scientist
With over 20 years of global experience in Data Science, Georgios has led and delivered more than 60 successful projects and research initiatives across sectors, collaborating with leading organizations such as HackerRank and academic institutions like CQUniversity Australia. His work has been published in several peer-reviewed journals, and he consistently ranks in the top 2% of performers on international data science platforms.
About Georgios Close
About Thomas
Tom assisted in managing a >£100M equity portfolio at UK investment firm Redmayne Bentley. Prior to Finexos, he ran operations and compliance at a multi family office. He holds a MSc Corporate Finance, the CFA Level 1, and is a qualified investment professional.
Head of Operations
Tom assisted in managing a >£100M equity portfolio at UK investment firm Redmayne Bentley. Prior to Finexos, he ran operations and compliance at a multi family office. He holds a MSc Corporate Finance, the CFA Level 1, and is a qualified investment professional.
About Thomas Close
Steve is a serial investor and private equity professional, with stints at Natwest as well on the investment committee at Doughty Hanson, one of the oldest and largest European buyout firms.
Chairman
Steve is a serial investor and private equity professional, with stints at Natwest as well on the investment committee at Doughty Hanson, one of the oldest and largest European buyout firms.
Close
At Endava, we are delighted to announce our partnership with Finexos, demonstrating our ongoing commitment to financial inclusion. This relationship authentically aligns with our core values, using technology and democratising access to financial instruments. Giving individuals and communities the ability to access fair, consistent next-gen real-time credit scoring. Empowering economic growth and stimulus.
Matthew Williamson
SVP & Industry Principal
The Finexos experience has been nothing short of outstanding. Their solution has not only improved our decision-making accuracy by a whopping 267% but has also allowed us to identify cost savings in our operations and save valuable balance sheet capital.
The actionable perspectives provided by Finexos have opened up new doors and revenue streams in our future plans, promising a significant and lasting impact on the trajectory of our organization. I cannot recommend Finexos highly enough.
Dan Ware
CEO
Open Banking is transforming the access to credit. Using some of the industry’s best technology, Finexos are leading the way and setting a high benchmark. An absolutely wonderful challenge for us all to step up to given the positive impact this will have on lender’s, borrower’s and society as a whole. Value driven and with a massive social conscience, the Finexos team are on a mission to unlock the huge wealth of possibilities for a fairer, more inclusive world. We’re proud to work alongside such an inspired team.
Helen Child
Founder & CEO
The addition of Finexos strengthens Endava’s banking ecosystem with new and existing AI-based software and also brings to our clients new tools that fuel growth and react to new and future regulatory requirements.
Lewis Brown
Head of Alliances and Partnerships
Today, credit scores are a crucial part of everyday life. They affect everything from mortgages to mobile phone contracts, and a poor score or lack of history can be a real barrier. But when were credit scores invented and how did they evolve?
Lending analytics uses data to offer valuable insights for credit unions, banks, fintech and NBFCs (non-bank financial companies) to make faster and better decisions. It efficiently evaluates, processes and completes financial analysis on loan applications.
The Financial Conduct Authority’s (FCA) Consumer Duty has redefined how financial services companies approach customer protection. At its heart are the four Consumer Duty outcomes – a framework designed to ensure products and services not only meet regulatory expectations but actively deliver good results for consumers.
Data from Fair4All Finance shows that 20.3 million people were living in financially vulnerable circumstances as of 2024 – an increase of 16% from 2022. Financial vulnerability can be caused by a range of factors but is universally harmful to both affected individuals and lenders.
An affordability check determines whether a borrower is qualified to receive a loan. Many factors go into deciding whether a borrower is qualified, such as their income, regular bills and in some cases even postal code.
Affordability assessments are a crucial part of the approval process for almost any financial product, from mortgages to personal loans. But what are they, how are they used, why are they so important, what criteria do they assess and what does the process look like?
The Bank of England’s latest survey on AI in financial services revealed that 75% of firms are already using artificial intelligence (AI), with a further 10% planning to use AI over the next three years. The development and implementation of AI programs requires significant financial and operational investment which not all lenders have the capabilities to undertake.
AI is transforming lending operations and unlocking a world of possibilities for consumers and lenders alike. By providing tools to improve decision-making, the utilisation of AI in lending is helping to create more financial inclusion and credit access for an underserved market. A credit decision engine that uses advanced AI also reduces operational overheads and increases efficiency.
The adoption of generative AI for the finance sector is becoming essential for managing data, mitigating risks and enabling data-driven decisions. Businesses embracing this solution are solving challenges faster and gaining a competitive edge in an ever-changing landscape. Many sectors are already using a form of AI to become more efficient, but generative AI is capable of doing so much more.
Optimising and future-proofing Loan Management Software (LMS) is crucial for adapting to evolving market demands and thriving in a competitive landscape. The use of AI is growing as a means to this end, but what are the key considerations for LMS providers when adopting it to achieve the best results?
The Consumer Duty has reshaped the regulatory landscape for UK financial services and is increasingly becoming the underpinning principal of the FCA’s supervisory approach. It sets high standards of consumer protection across financial services and requires firms to put their customers’ needs first. Lenders must ensure that their products deliver genuine value, protect customers from foreseeable harm, and equip them with the information necessary to make informed decisions.
The Bank of England’s latest survey on AI in financial services revealed that 75% of firms are already using artificial intelligence (AI), with a further 10% planning to use AI over the next three years. The development and implementation of AI programs requires significant financial and operational investment which not all lenders have the capabilities to undertake.
Finexos has formed a new partnership with Endava plc, a leading technology services company.
Finexos is delighted to announce a new strategic partnership with credit reference agency (CRA) and Open Banking Provider, AperiData.
Finexos’ AI-powered credit and affordably risk, analytics and data science platform has been accepted onto the Financial Conduct Authority’s (FCA) Innovation Pathways.
Finexos has partnered with all-in-one loan management system, Fintech Market, to enhance credit decisioning.
Finexos is delighted to announce our achievement of ISO 27001 accreditation, enabling demonstration of gold-standard data protection.
Finexos’ AI-powered credit risk and analytics platform has been accepted into the Financial Conduct Authority (FCA) Digital Sandbox.
The Finexos team is delighted to share that the company has joined Innovate Finance, the independent industry body and voice of UK FinTech.
Finexos has partnered with NayaOne to provide advanced AI-powered Loan Book Vulnerability Analysis (LBVA), that reduces defaults and increases Return on Capital Employed (ROCE), via the NayaOne marketplace and Digital Transformation Platform.
The Consumer Duty is now in force for new and existing products and services.
In a recent BBC interview, the EU’s Competition Chief, Margrethe Vestager, expressed her concerns about the potential for AI to amplify bias or discrimination in loan and mortgage decisions.
The Finexos Board is delighted to announce the appointment of Darren Smith as Chief Executive Officer.
Growth Capital Ventures has led a £695,000 investment round into Finexos, a fintech platform set to improve access to credit for millions of people around the world.
If you can't find what you're looking for, feel free to reach out to our customer support team for further assistance.
I'm interested in an enterprise partnership or in reselling Finexos’ products. How do I contact you?
Please book a meeting or reach out via email to enquire@finexos.io and one of our team will be in touch
How does Finexos’ approach differ from our competitors?
Conventional credit assessments focus on historical data and fixed metrics, overlooking how borrowers actually manage financial strain. Yet financial health is fluid. The Finexos Active Affordability Assessment is a live, learning system that adapts to changes in income, expenditure, and behaviour. It moves beyond repayment tracking, using transactional and real-time data to determine whether borrowers can maintain their quality of life while repaying loans. This ensures lenders make truly responsible, long-term lending decisions.
What is the difference between affordability and creditworthiness?
Affordability is a measure of the ability of a borrower to meet the repayment terms of a credit product based on their cash position on an ongoing basis. Creditworthiness is a more narrow view of the suitability of the product at a single point in time, taking into account isolated factors that affect repayment ability.
Does Finexos provide financial transaction data?
No, Finexos is a data intelligence provider that analyses transactional data provided by our customers (providers of credit). Finexos is able to integrate with all Open Banking providers and accepts data in heterogeneous formats.
Does Finexos share personal borrower related data?
Finexos does not hold or store any PII data belonging to credit applicants. We have completely anonymised the process to negate the effects of unwanted bias.
Has Finexos won any awards?
Yes, we have won Innovate Finance’s Fairer Finance Hackathon, were a finalist in Open Finance’s Global Appathon, and were voted Most Innovative Credit Repair Solution Provider UK by Wealth and Finance International.