New York based data analytics platform First Access has raised a $7m Series A round led by Bamboo Capital Partners.
The fourth-generation First Access platform is now live for select financial institutions. This will be extended across other regions early next year. Engineered with unprecedented flexibility, the award-winning platform enables lenders to “go digital” with easy credit appraisal tools, but also offers sophisticated data analytics on credit risk, staff performance and operations over time. It also allows financial institutions to adopt Data Best Practices, built from the First Access team’s collective experience across dozens of countries and through the analysis of over 50 billion transactions and data points. First Access Data Best Practices cover the collection, generation, management and usage of critical, high-quality data to scale finance faster in emerging markets.