NH
Noggin HQ
United Kingdom · Fintech
Noggin HQ turns bank transaction data into credit-risk and affordability information for lenders.
Product
The Newcastle company categorises current-account transactions obtained directly, through open banking or from statements. It derives measures of income, housing costs and indebtedness that lenders can use in underwriting.
Its RiskIntel product estimates the probability of default month by month over a one-to-eighteen-month horizon. Noggin serves lenders assessing both applicants with limited borrowing histories and existing customers whose finances are changing.
Funding history
1 round · 1 with disclosed amounts| Announced | Round | Amount | Investors |
|---|---|---|---|
| Seed | £2.3M | Blackfinch Ventures — LeadAlastair Douglas — ParticipantBGV — ParticipantOxford Capital — Participant |