Embracing European Trends: Trantor’s Role in Revolutionizing Credit Evaluation with Open Banking and Finance in Chile
Since 2018, Europe has been at the forefront of financial innovation with the advent of Open Banking and Open Finance. Trantor, recognizing the potential of these trends, has now brought this revolutionary approach to Chile, setting the stage for a broader Latin American adoption.
Our mission at Trantor is to democratize the sophisticated financial risk assessment tools traditionally reserved for banks, making them accessible to a wider range of businesses. This initiative is not just about importing European trends; it’s about adapting and applying them to meet the unique needs of the Chilean market and beyond.
In Chile, and gradually in other Latin American countries, we are offering businesses the ability to evaluate other companies and individuals with fairness and precision. Our platform leverages the principles of Open Banking and Open Finance to provide comprehensive and current data, enabling businesses to make informed decisions in seconds. This speed and accuracy are crucial in today’s fast-paced financial world.
By using Trantor’s services, businesses can now extend credit lines or offer payment terms of 30, 45, or 60 days with reduced risk of default. Our platform’s insights help mitigate financial risks, offering a ‘secret weapon’ that was once the exclusive domain of banks.
In essence, Trantor is not just a tool for evaluating financial risks; it is a gateway to safer and more equitable financial practices. As we expand our reach, we continue to adapt, ensuring that every evaluation is as relevant and precise as possible, tailored to the needs of each business, regardless of their prior financial expertise.
Join us in this fintech revolution as we redefine financial decision-making in Chile and pave the way for a new era of financial transparency and fairness in Latin America.