13 November 2019 – Experian, the global information services company, is pleased to announce that it has acquired Sentinel Peru, one of the leading credit bureau and information services businesses in Peru.
Experian has operated a credit bureau in Peru since 2011 and the acquisition will bring together the best of both organisations to extend services to both businesses and consumers. Sentinel Peru has also operated in the market since 2011, helping businesses with credit origination, portfolio management and collections activities, and helping consumers to better control and plan their financial commitments.
Sentinel Peru is highly complementary to Experian’s operations in Peru. The company has a strong presence in the small and medium enterprise segment, in business credit and has established relationships with 1.4 million consumer members offering credit reports and scores. This compares to Experian’s strengths in the financial and telecommunications sector and nascent offers for consumers.
Valdemir Bertolo, COO, Experian Spanish Latin America said “We are delighted to welcome the Sentinel Peru team to Experian. With a population of 32m in Peru, 14m of whom are unbanked, there is significant potential to establish greater access to financial services. We also believe that many small and medium sized enterprises have the potential to benefit from greater access to data and advanced analytics to develop and grow their businesses.”
José Luiz Rossi, Managing Director, Experian Latin America commented “Sentinel Peru is a stand-out company, with an innovative and flexible culture, that complements Experian’s experience and global scale. Together we will play a pivotal role in driving financial inclusion and promoting fair and affordable access to credit in Peru, and across the Latin America region.”
Sentinel Peru will be reported within our Latin America, Data segment.
Contact:
Experian
Natalia Tovar +57 (1) 3191400 Ext. 1404
FTI Consulting
Carolina Nieto (+) 57-3112575384
About Experian
Experian is the world’s leading global information services company. During life’s big moments – from buying a home or a car, to sending a child to college, to growing a business by connecting with new customers – we empower consumers and our clients to manage their data with confidence. We help individuals to take financial control and access financial services, businesses to make smarter decisions and thrive, lenders to lend more responsibly, and organisations to prevent identity fraud and crime.
We have 17,200 people operating across 44 countries and every day we’re investing in new technologies, talented people and innovation to help all our clients maximise every opportunity. We are listed on the London Stock Exchange (EXPN) and are a constituent of the FTSE 100 Index.
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