Schufa wants to be more transparent.
To do this, she is now buying the Berlin Fintech Forteil, which operates the Bonify platform.
Bonify provides private users with services to keep track of their finances and get information about their creditworthiness.
Gregory Bruner
Editor in Business.
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In the latter area, there has been a collaboration with Schufa for some time. Bonify allows users to query their Schufa score for a fee.
Bonify itself provided its own credit rating for its users.
Now users should be able to query their creditworthiness data via Bonify, which is held by the future parent company, should they consent to data transfer between the two companies.
"In concrete terms, private individuals will gradually receive free digital insight into their personal Schufa data via Bonify as early as 2023 - one year earlier than originally planned," writes Schufa boss Tanja Birkholz in a statement.
Against the call of the data octopus
Birkholz has long been concerned with improving the reputation of their credit agency.
Easier access to your own data should make it possible to get a better overview of what influences the Schufa score.
This and other data can now be viewed free of charge and supplemented with additional information about Bonify.
"The future offer of transparency and personal finance and data management at Bonify should also address those groups in particular who can only participate in economic life to a limited extent today due to a lack of information or negative payment experiences with the Schufa," explains Birkholz.
The “most relevant score” becomes more accessible
At Bonify, founder Andreas Bermig is happy about the integration of the "most relevant score in the German market".
“This improves our offer significantly.
Not only our users benefit from this, but all consumers in Germany.”
In addition, Bonify will operate as an independent company.
The company is also working with Schufa on a Schufa app.