Credit 3 min read
Taktile and Mifundo partner to enhance cross-border credit decisions for European banks
Taktile is proud to announce its partnership with Mifundo, the pan-European credit-data platform enabling banks to instantly verify cross-border credit histories.
With direct access to Mifundo’s verified cross-border credit data via Taktile’s Agentic Decision Platform, lenders can now deliver faster and more consistent, compliant credit decisions for customers who have credit histories in more than one European country.
Key takeaways
- Gain instant access to verified cross-border credit data: Taktile’s Mifundo integration gives lenders embedded access to standardized, passportable credit histories, eliminating manual checks and fragmented country-by-country workflows.
- Enhance approvals with more complete borrower insights: By combining Mifundo’s verified foreign credit data with Taktile’s data orchestration layer, lenders can better assess cross-border and thin-file applicants, responsibly expanding approvals while maintaining rigorous risk controls.
- Deliver consistent, compliant credit decisions across the EU: Mifundo’s Europe-wide data foundation helps lenders meet rising CCD2 expectations for standardized affordability checks, ensuring every decision is explainable and audit-ready.
- Continuously optimize underwriting strategies with agility: Taktile enables rapid testing, iteration, and refinement of credit policies using insights derived from Mifundo’s data—allowing risk teams to adapt quickly, improve performance, and reduce defaults without requiring heavy engineering resources.
Meet Mifundo: Enabling banks to instantly verify cross-border credit histories
More than 45 million people in Europe live, work, or earn across borders, yet their credit histories often remain locked within national boundaries. This creates significant friction for banks: assessing foreign or thin-file applicants typically requires manual checks, inconsistent data sources, or overly conservative risk policies.
Mifundo was created to solve this problem, giving lenders a standardized, passportable way to access verified credit histories across Europe and keep pace with rising CCD2 expectations for consistent, data-driven affordability assessments. Through one secure platform, banks can access verified credit data covering more than 70% of Europe’s population, helping them stay compliant and enabling fair access to credit for people moving within Europe.
Deploy smarter lending strategies with access to reliable foreign credit histories
Now, with Mifundo’s data available directly inside Taktile, lenders can seamlessly incorporate verified cross-border credit histories into their decision flows. By unifying high-quality data with agentic AI capabilities, the integration enables faster, more intelligent underwriting decisions with stronger risk controls and less operational overhead.
As Taktile’s Co-founder and CEO, Maik Taro Wehmeyer, puts it:
“Lenders should be able to make decisions confidently, even when a customer’s financial life spans multiple countries. By embedding Mifundo’s credit data into the Taktile platform, we give teams the ability to instantly enrich their underwriting strategies and start making lending decisions with far greater accuracy.”
Kaido Saar, CEO of Mifundo, adds:
“European banks need both trusted cross-border credit data and flexible decision infrastructure. By combining Mifundo’s passportable financial identity with Taktile’s Agentic Decision Platform, lenders can reduce foreign-customer risk, comply with CCD2 expectations, and unlock new revenue from Europe’s €719 billion cross-border lending market.”
Core benefits of using Taktile and Mifundo together
By leveraging Taktile’s ready-to-use connection to Mifundo’s credit data, lenders are empowered to underwrite customers with multi-country financial histories faster, safer, and more consistently. Key benefits include:
- Instant access to verified foreign credit histories: Reduce manual reviews and uncertainty by pulling standardized, passportable credit data from across Europe directly into your decision strategies.
- Stronger risk assessment for cross-border and thin-file applicants: Combine Mifundo’s high-quality data with Taktile’s agentic AI capabilities to assess affordability and creditworthiness with far greater accuracy.
- Built-in compliance with CCD2 expectations: Ensure consistent, data-driven affordability checks across EU member states, supported by clear auditability and traceability within Taktile.
Looking ahead, the partnership between Taktile and Mifundo doesn’t just streamline cross-border underwriting; it positions lenders to continuously adapt as regulations, data sources, and borrower behaviors evolve.
With agentic AI capable of monitoring performance, recommending strategy updates, and safely implementing changes, lenders can maintain resilience in a rapidly shifting lending landscape while serving a more mobile European population.
