23 February 2023

Congratulations to DirectID on securing an £8m investment from Ingka Investments (the investment arm of Ingka Group, part of IKEA.

DirectID is a global fintech specialising in credit risk, risk analytics and predictive modelling, using bank transaction data and provides advanced data to optimise credit & risk decisions in a growing number of countries.

The funding will accelerate the market launch of advanced predictive models in credit & risk, as well as allow the company to expand their credit risk offering into new markets.

Well done to James Varga and the larger DirectID team.