Fintech Startup Know-it Unveils Cloud-Based Credit Management Platform

"Businesses of all sizes are now able to Check-it, Chase-it, and Collect-it, all in real-time and without the headache of manual processing.”

Scottish company Know-it wants you all to know that it has officially launched its cloud-based credit management platform. 

Know-it, which featured in eWeek UK’s ‘Fintech Companies in Glasgow to Watch’ here, was founded by Lynne Darcey Quigley (CEO).

The fintech startup says its new platform gives businesses the tools and intelligence to automate the way they manage credit risk and the credit control process.

Quigley explains: “By removing the need to access and subscribe to multiple different platforms, our cloud-based platform streamlines the credit control process so you can credit check and monitor, chase for payment, collect overdue unpaid invoices, and more all from one easy to use platform, levelling the playing field for SMEs.”

She adds: “With the launch of Know-it’s platform, businesses of all sizes are now able to Check-it, Chase-it, and Collect-it, all in real-time and without the headache of manual processing.”

  • Fintech Companies in Glasgow to Watch – read about them here

The firm partners with various accountancy software and credit reference agencies – such as Xero, QuickBooks, Sage, FreeAgent and Creditsafe – so users can credit check companies, get live data and real-time updates to monitor customer’s credit behaviour.

Users can also get quotes to collect unpaid invoices through its commercial debt recovery partner, Darcey Quigley & Co. (The name sounds familiar.)

Know-it reckons it’s had a busy 12 months.

It mentions partnership announcements, including VFD Pro, FutureX and Nimbla.

Know-it revealed it was supporting the Good Business Pays Wait Off campaign, a movement calling for a faster payment drive to help small businesses. The alliance is supported by the Small Business Commissioner, Federation of Small Businesses, CBI, Liz Barclay, British Chambers of Commerce, banks and others.

On the recruitment front, Know-it announced the hire of Gordon Merrylees, former Managing Director of Business Banking Scotland and Head of Entrepreneurship for NatWest, Royal Bank of Scotland (RBS) and Ulster Bank.

Know-it has very recently appointed Wendy McMurray as Head of Product, a product manager with 20 years’ experience.

The Glasgow-based fintech startup also appointed a new Head of Marketing, starting in August.

Antony Peyton
Antony Peyton
Antony Peyton is the Editor of eWeek UK. He has 18 years' journalism and writing experience. His career has taken him to China, Japan and the UK - covering tech, fintech and business. Follow on Twitter @TonyFintech.

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