– a message from Remo Lenisa, CEO of Compuscan Group

 

I am excited about what the potential acquisition of Compuscan and Scoresharp by Experian will do to help drive financial inclusion across Africa.

Compuscan and Scoresharp are known for their data quality, agility and analytical capabilities, bringing with them an entrepreneurial culture that makes powerful and complementary fit for Experian and our ambitions for the African region. Our excellent foundation of bureau presence, decision analytics, marketing services, loyalty rewards and academy services are very complimentary to Experian’s offerings, as well as their proven digital strategy. Compuscan and Scoresharp’s roles as a credit bureau and analytics company plays an important part in helping consumers and small businesses obtain financing. They allow lenders to better assess and manage risks, help borrowers to gain access to finance and are believed to help reduce over indebtedness by leveraging accurate data and powerful analytics.

Once the acquisition concludes, we will have access to additional resources for consumer and business information, marketing services, loyalty rewards as well as training. This will allow us to be more agile, more flexible, and to respond faster to client needs. The proposed merger will result in clients being offered the cutting-edge products and services through combining the best of Experian with that of Compuscan and Scoresharp. Additionally, as a combined organisation, our clients will have access to an accelerated innovation pipeline and service scope.

The combined businesses will help us build out well-functioning credit markets across Africa and provide for the long-term development of our staff and create new employment opportunities.

I would like to thank Pieter van Heerden, the Managing Director of Scoresharp, to Michael Jordaan, the Chairman of the CSH board, and to the entire leadership team and all staff for what they do make us an great organisation.

We look forward to welcoming Experian to all our stakeholders.

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