bonify to raise money from Santander, Experian and Mosaic Ventures

bonify, a Berlin, Germany-based financial service provider via a mobile credit rating platform for credit scores monitoring provided for free, announced raising a new round of capital investment.

The money was provided by range of investors including Santander, Experian and Mosaic Ventures.

Bonify, founded in 2015 by Gamal Moukabary and Andreas Bermig, enables users to obtain online information on their creditworthiness. The company developed a platform via which users evaluate their real-time creditworthiness and have access to easy-to-read credit reports and personalized score insights for free. The company maks money by intermmediating access to loan services.