InfraRisk Pty Ltd. (InfraRisk) recently announced that it would expand its footprint in Germany and Australia. As per the official announcement, InfraRisk would tie-up with Toyota Financial Services in Germany to assist its credit process covering dealerships and large fleet consumers.
It should be noted that Toyota Financial Services is a wholly-owned subsidiary of Toyota Motor Corp of Japan. Toyota Financial Services provides credit facilities to the consumers with its diverse product range and it has special expertise in auto sales financing.
The founder and CEO of InfraRisk, Nicholas Davies, said,
“These two new European deployments complement existing ones in Europe and Australia demonstrating our platform’s ability to operate across multiple geographies catering to a range of country-specific factors including policies and languages, with modularity being the key architectural design.”
It is to be noted that InfraRisk has been working with Toyota Financial Services since 2016 and it has been offering multiple services like Credit Value Maximiser to Toyota Motors’ customers. InfraRisk is expected to use big data analytics, cloud computing, and AI in its auto financing solutions that may lead to efficient customer services and regulatory compliance.
Along with the extension of services for Toyota Financial services, it has declared another association with Taurus Motor Finance. Taurus Motor Finance is an Australia based start-up that deals with car loans. Taurus Motor will use InfraRisk’s CVX platform that will help it to scale its commercial lending business.
Pintec Technology Holdings Limited holds the ownership of InfraRisk. InfraRisk has been in the business for more than ten years and it is considered as an expert in auto credit. Its clients range from the big four banks of Australia to large financing companies like Toyota Finance.