Aire, a London-based fintech startup uses machine learning and artificial intelligence (AI) to create customised credit scores based on credit history, career, lifestyle and financial maturity of its customers. Further, the British startup provides virtual interviews and its API integrates into the already existing platforms.
In a latest move, this startup scored €9.6 million in a Series B funding round led by Crane Venture Partners along with Orange Digital Ventures and Experian Ventures. Aire was founded in 2014 by Aneesh Varma, Jon Bundy and Srini Sundaram. The startup lets lenders access more customers without actually increasing risk.