FINTECH consultancy Equitivo has partnered with lending performance data provider Brismo to provide a loan investment due diligence solution for institutional investors.
The companies will together offer a quantitative and qualitative solution for fintech investors, using performance data, strategic insight and consultancy to assess loanbook performance.
The companies hope that the partnership will help shift the industry from self-reported performance, which makes it difficult for investors to compare risk and return on a like-for-like basis.
“Working alongside Brismo gives a new dimension to our consultancy services,” Andrew Holgate, chief executive of Equitivo, said.
“We believe this partnership will allow fintech investors – from new ones to savvy investors – to have the clearest understanding of the market and therefore grow confidence and credibility across this evolving sector.”
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“Responsible fiduciaries need to perform a price discovery exercise before they commit client capital,” Brismo’s chief executive Rupert Taylor, said.
“Equitivo offers the qualitative expertise that complements our data-led approach to ensure that investors can perform thorough due diligence.”
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Brismo, which launched in 2014, constructs lending performance metrics built on cash-flow level data. It now covers more than 65 per cent of UK and European peer-to-peer lending and over 50 per cent of the US market.