A Cardiff-based car subscription company is offering enhanced consumer reports thanks to a partnership with an industry leader.
Wagonex has announced its partnership with leading credit score provider Creditsafe. The addition of Creditsafe to the Wagonex Storefront core platform enables users to receive automated customer credit scores and rapidly assess their customers’ financial suitability before a financial agreement is made.
Creditsafe’s consumer credit reports will be built into Wagonex’s partner-facing dashboard, adding enhanced risk reduction and protecting both partners and customers from unfulfilled credit agreements.
Joel Livermore, Head of Product at Wagonex, said:
“With any financial agreement, whether it’s a car purchase or car subscription, assessing a customer’s financial health and suitability is paramount.
“That’s why we are so pleased to announce that with Creditsafe’s consumer credit reports now integrated into the Wagonex platform, understanding your customers’ finances is quicker and easier.
“Alongside credit reports from Creditsafe, our platform utilises a number of third-party integrations to mitigate fraud and risk, including identity and verification checks, registered address checks, and checks into politically exposed persons (PEP) and sanctions. Therefore, our partners are getting access to some of the best consumer credit checks available on the market.
“We are constantly updating and improving our product to reflect the industry’s needs, and this new partnership is the latest in a series of enhancements made to help reduce risk and improve outcomes in the car subscription market.”
Sara Rogers, Strategic Account Director at Creditsafe, said:
“It’s great to add Wagonex to the growing list of companies which we work with. The Creditsafe platform allows fleet owners to access business and customer credit reports, enabling them to make informed decisions, mitigate risks, and foster trustworthy relationships with subscription customers, all fully integrated as part of the Wagonex Storefront product.”
