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US magazine elects Portuguese fintech Itscredit

US magazine elects Portuguese fintech Itscredit
Itscredit · 21 Nov 2019

The Silicon Review magazine, published in Silicon Valley, California, selected Portuguese fintech ITSCREDIT as one of the "50 most admired companies of the year 2019".

The US publication highlights ITSCREDIT, a Porto-based software company focused on developing and implementing credit solutions, for its "constant effort to improve the credit process from simulation to disbursement."

"The recognition of The Silicon Review is a source of pride for the entire ITSCREDIT team and reinforces the ambition we have from day one", says João Lima Pinto, CEO of ITSCREDIT.

Founded in 2018 as an ITSector spin-off, ITSCREDIT operates exclusively in the credit area, with products covering the areas of credit origination, credit simulators, credit recovery and corporate credit risk management.

At the same time, ITSCREDIT was also selected to appear in the Top 30 of the "Portugal Fintech Report 2019", the largest study on the sector in Portugal. Recently presented in Lisbon, this annual report concluded that "the Portuguese ecosystem is moving at a fast pace” and that "disruptive solutions created by Portuguese are capturing the interest of partners and investors as Portugal becomes a benchmark as a fintech hub ”.

With a strong vocation to operate in foreign markets, ITSCREDIT has clients spread across the European and African continents. In Portugal, it collaborates with banking institutions such as Crédito Agricola, Banco Montepio and BNI Europa.