ClearScore enters New Zealand after launching in Australia in 2020
Ellie Duncan | News
19 Jun 2023
The ClearScore Group has entered New Zealand, providing consumers there with a free credit report data app and website to enable “informed” financial decisions.
UK-based ClearScore has launched in the country following its expansion into South Africa in 2017, Australia in 2020 and Canada in 2022.
Stephen Smyth, chief international officer at The ClearScore Group, said: “We are excited to bring our clear and calm approach to financial wellbeing to New Zealand, helping people all over the country make informed financial decisions. By ensuring that people understand their credit data, we can help them achieve their financial goals.”
In March this year, ClearScore partnered with Australasian credit bureau illion to provide Australian users with enhanced credit data to add to that already available via Experian.
Since then, users of illion’s ‘Credit Simple’ consumer proposition have been migrating to ClearScore to continue to access their credit scores and reports through the ClearScore app, with this partnership now extending to New Zealanders.
The Group confirmed it will be adding new financial partners in New Zealand over the coming months and rolling out ‘ClearScore Protect’, which is a free personal data protection service designed to help guard against identity fraud and keep personal information safe.
Smyth added: “ClearScore has been expanding rapidly in Australia, and now we are set to see similar growth in New Zealand built on the partnership that we have established with illion.
“We are delighted to welcome illion’s Credit Simple users to ClearScore and look forward to providing them with important data to help them both manage their finances and save money.”
At the start of the year, The ClearScore Group launched its B2B business unit D•One, having been built on the group’s acquisition of Money Dashboard in early 2022.
Then in May, D•One partnered with UK-based consumer credit provider NewDay, to integrate consumers’ spending data into lending and affordability decisions.