AS Creditinfo Eesti appoints Elari Tammenurm as new CEO

Estonia, 9th May 2023Creditinfo Group, a global service provider for credit information and risk management solutions, today announces the appointment of Elari Tammenurm as the new Chief Executive Officer (CEO) of its Estonian branch. Elari will support and maintain Creditinfo’s legacy as a leading partner for business and risk management decision making and drive the sustainable growth of AS Creditinfo Eesti.

Elari joined Creditinfo in 2019 as Director IT in the Baltics, progressing to Management Board member and Head of IT Baltics. Now as CEO, Elari will be responsible for the largest and oldest credit bureau in Estonia.

In his role, Elari will work with various internal and external stakeholders to ensure the company’s approach to strategy and growth remains first class in terms of meeting customers’ expectations and needs.

Elari Tammenurm, CEO of AS Creditinfo Eesti said: “Today everyone has access to vast amounts of data; however, the abundance of data can make it more difficult to make well-informed business decisions in an ever-changing business environment. In my new role, it’s my goal to further ensure the facilitation of this process through delivering world class solutions to the Estonian market including various new Decision Analytics and Scoring related products. This will allow us to continue driving valuable and positive outcomes for our clients and enable greater access to finance and economic growth in Estonia.”

Paul Randall, CEO of Creditinfo Group, said: “With roots in financial services and IT strategy, Elari knows how to solve our clients’ unique business challenges. His knowledge of the company, our people, our industry, and our clients is a huge advantage for AS Creditinfo Eesti’s innovation and growth as we continue to expand in the Estonian market. We’re proud to have Elari leading the way.”

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About Creditinfo

Established in 1997 and headquartered in London, UK, Creditinfo is a provider of credit information and risk management solutions worldwide. As one of the fastest-growing companies in its field, Creditinfo facilitates access to finance, through intelligent information, software and decision analytics solutions.

With more than 30 credit bureaus running today, Creditinfo has the most considerable global presence in this field of credit risk management, with a significantly greater footprint than competitors. For decades it has provided business information, risk management and credit bureau solutions to some of the largest, lenders, governments and central banks globally to increase financial inclusion and generate economic growth by allowing credit access for SMEs and individuals.

For more information, please visit www.creditinfo.comwww.creditinfo.ee

Creditinfo Estonia Management Change

EXTERNAL ANNOUNCEMENT

07/02/2023

Ms. Ege Metsandi, CEO and Chairman of the Management Board for Creditinfo Estonia is leaving her position at the company. During the next 6 months, Ms. Metsandi will be working closely with the interim Chairman and CEO, Mr. Elari Tammenurm, currently the Head of IT – Baltics, along with the Estonian team to ensure a seamless handover continues until a replacement is found.

Paul Randall, Group CEO for Creditinfo, advised, “During her 6 years of tenure, Ege has successfully developed the company, both financially and commercially. I want to personally thank Ege for her efforts, utilizing her experience and great insight in risk management to build the Creditinfo brand in Estonia.

Everyone at Creditinfo wishes Ege well for her future.” Ege added, “I leave a very strong and talented team behind at Creditinfo. I look forward to making certain of a smooth transition to keep up the positive momentum that we have established together over the last 6 years.” Established in 1997, Creditinfo Group provides credit information and automated risk management services around the world.

www.creditinfo.com

Creditinfo granted AISP license, launches intermediary service

Ege Metsandi - CEO and board member of Creditinfo Estonia

On Monday, April 5th, the Financial Supervision Authority issued AS CREDITINFO EESTI with an account information service provider (AISP) license. This license allows the company – which has a strong history of more than 25 years mediating credit and business data – to act as an intermediary between institutions, providing read-only access to bank account information in order to enable the delivery of mutually beneficial services to account holders.

Creditinfo now has the ability to provide bank account owners in Estonia with access to new, enhanced services from authorized companies, such as those providing loans or payment-by-installment options, by sharing information from their account statement.

This sharing of balance and transaction data takes place in an automated form that makes the process of applying for credit or payment-by-installment significantly easier and faster for both the owner of the account and the service provider.

“We are always looking for opportunities to expand our business and better serve our customers in order to remain the most reliable, strong and innovative business partner to both individuals and companies in this fast-evolving field,“ Ege Metsandi, CEO of Creditinfo Estonia explained. “The whole area of assessing creditworthiness and solvency is moving toward automation, so credit decisions can be made as quickly and reliably as possible. The greatest added value here can be created by combining high quality data and the best technological solutions. Creditinfo with its long history and international network is leading the way in both of these areas. With this new AISP license, we can be an even better partner to our customers by helping to further de-risk lending and provide better access to appropriate financing for their specific needs“ Metsandi added.

Law firm WALLESS advised Creditinfo throughout the application process for the AISP license.

AS Creditinfo Eesti is the largest company providing business information and risk management services in Estonia. First founded in 1993, the company has been an affiliate of Creditinfo Group since 2016.

Additional information:

Ege Metsandi
CEO and board member of Creditinfo Estonia , Email: ege.metsandi@creditinfo.ee
Tel: (+372) 5078172