Pepper Advantage acquires Indian AI-driven credit management platform Rieom.ai
Global credit intelligence provider, Pepper Advantage, has acquired Rieom.ai, a specialist AI/ML-driven credit assessment software platform for the Asian markets Rieom.ai’s first mover advantage in a high potential Indian credit technology market, opens up opportunities to service a sizeable market...
Pepper Advantage sees signs of rising default risk in Spanish residential mortgage market
Global credit intelligence provider, Pepper Advantage, has published data on the Spanish residential mortgage that points to potential future increases in credit impairments. Pepper Advantage’s predictive model uses real-time data based on repayment failures or Direct Debit Rejections (DDRs),...
Pepper Advantage Spain wins loan management mandate from an international private equity firm for corporate real estate portfolio with more than €350 million outstanding balance
Loan portfolio comprises non-performing secured real-estate loans underwritten by corporate Spanish borrowers with an outstanding balance of €350 million Pepper Advantage to provide specialist commercial and compliance servicing to support a portfolio divestment strategy
Pepper Advantage will manage Servicios Prescriptor y Medios de Pagos loans
Portfolio comprises approximately 40,000 active performing revolving credit card loans and unsecured creditors and 2 million closed accounts for regulatory purposes Pepper Advantage is delivering a bespoke solution for a complex loan book, which it will integrate into its credit intelligence...
Pepper Advantage passes £20 billion in UK assets under management
Global credit intelligence provider and specialist loan-servicer, Pepper Advantage, has passed £20bn in UK assets under management (AUM) reflecting strong growth in demand for its services Following the award of new mandates, the business is investing in its office in Skipton, North Yorkshire to...
Pepper Advantage to launch major outsourcing business in Fiji
The Pepper Advantage Hub will expand its outsourcing services to provide efficient operational capabilities to new and existing clients, growing its client base beyond its traditional financial services market
Pepper Advantage announces strategic investment in Thirdfort
Pepper Advantage participates in fund-raising for risk management platform Thirdfort Pepper Advantage will incorporate Thirdfort’s digital identification, anti-money laundering (AML) and Source-of-Funds (SoF) verification into its proprietary global credit management platform The investment is part...
Pepper Advantage appoints new CEO of Indian business
Mumbai - Mukund Kulkarni will replace Asokan Arumugam as CEO of Pepper India Resolution Private Limited, part of Pepper Advantage India, effective 1 July 2022. Kulkarni was previously head of SME and retail loans at Arcil; previous experience includes Barclays and ICICI.