Credit-Rating Start-Up Receives VC Boost

Credit Benchmark, a London-based start-up that pools credit ratings from global banks, has secured a new round of funding and strengthened its presence in the US as part of expansion plans.

The fintech company, which creates anonymous consensus ratings on credit risk, has raised $20 million in funding in an investment round led by London venture capital firm Balderton Capital. Index Ventures, which invested $7 million in the company a year ago, also participated.

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