Double Data targets banks and other financial institutions who need to improve their performance for a variety of processes – from customer acquisition and assessment to debt collection. The Double Data software combines Big Data analysis tools, computer-aided learning methods and data mining.
The Company designs its solutions to reduce past-due debts and to detect fraud in retail lending with the help of top-notch technologies and integration thereof in the existing banking business processes. In 2013 and 2014, the Company successfully completed over 100 projects with the Banks (including Top-5, Top-10 Credit History Bureaus, Microfinancial Organizations, etc.Double Data has raised a total of $3.2M in funding.