Freddy’s background is in Software Engineering, having studied Computer Science and Artificial Intelligence prior to founding the company. Freddy started his career in Silicon Valley, as the first engineer at Bitnami (YC W13) and later A16z-backed TXN, developing their transaction analytics platform. With extensive experience in developing high security performant web applications for the likes of Google, Microsoft and Amazon, Freddy has an intimate understanding of what is required to develop software at scale, safely and securely processing sensitive customer information. He has also provided regular input on industry discussion topics such as Financial Inclusion, Open Banking/PSD2 and their impact on consumer lending. Freddy is passionate about the applications of new data and algorithms in order to promote better outcomes for individuals, particularly those previously excluded from mainstream financial services. Having worked in start-ups all his life, Freddy is also fascinated by the impact that small, agile teams can have, especially when it comes to disrupting slow moving incumbents.
19 September 2019 | 38 mins 25 secs
Credit Kudos is credit bureau challenger. Credit Kudos has introduced a whole new model – instead of a credit score built up from a series of random interactions, Credit Kudos uses open banking to get (consent based) access to a would-be borrower’s financial history, and calculates a credit score from that hard data. In this episode we talk to Freddy Kelly, co-founder of Credit Kudos, and talk about how the business go started, getting the required authorisations, liaising with the FCA, GDPR issues, the advantages of consented data, machine learning and much more.