Chester fintech, AperiData, has received a “6-figure” investment from Maven Equity Finance.
The company will use the cash to continue its growth, enter new markets and create up to 10 new jobs.
The AperiData platform uses Open Banking to make credit assessments “faster and more accurate” for consumers and financial institutions. Founded in 2020, it is authorised by the FCA.
“We are delighted to announce this additional funding and to be partnering with a highly experienced investment firm as we embark on our next chapter of growth,” said Stephen Ashworth, CEO of AperiData.
“With Maven’s support, we look forward to the collaboration opportunities as we continue our mission to revolutionise credit scoring and fairer access to financial services for all”.
James Caplan, Investment Manager at Maven added:
“What initially attracted us to the business was the team’s experience working in credit risk and financial services. Stephen and Andrew are highly skilled and knowledgeable having previously founded and grown a successful consultancy business prior to starting AperiData. The platform is well developed and is currently being integrated into clients’ systems and we look forward to supporting the business as they expand their customer base and look to enter new markets.”
The Northern Powerhouse Investment Fund project is supported financially by the European Union using funding from the European Regional Development Fund.
