Creditinfo Group acquires EveryData Group to expand presence across the Caribbean

This acquisition means retailers operating in or expanding into the Caribbean will soon have access to more sophisticated credit screening tools. Creditinfo is a global player in credit data. By acquiring EveryData Group, they are bringing advanced analytics and automated decisioning software to markets like Guyana, Jamaica, and Barbados. For your business, this translates to more reliable credit checks and faster approvals for customers in these regions. Better data infrastructure usually leads to higher approval rates for responsible borrowers. If you offer in-house financing or use third-party lenders in the Caribbean, expect to see more localized and accurate credit scoring. The integration of global technology into these regional bureaus helps bridge the gap for international merchants who previously found Caribbean credit reporting to be fragmented. This move signals a shift toward the same level of instant, data-driven financing that is standard in North American and European markets. It reduces the risk of default by providing a clearer picture of a consumer's financial health across multiple data points.

Source: Finextra — Lending

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