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Aire

Consumer lending platform

Aire logo
21-100 employees
  • Fintech
  • Credit Scoring
  • B2B
  • Financial Services
  • SaaS
Holborn, London, UK

Company mission

Aire's mission is to make consumer finance more inclusive by building a fairer consumer credit ecosystem, powered by first-party data.

Top investors

26% female employees

5% employee growth in 12 months

Our take

The number of loan options for consumers has exploded in recent years, making credit assessment super important for companies offering these loans and giving Aire a big market to grow into. Its solution focuses on an approach: The consumer is the best and deepest source of real data about themselves.

Traditionally, lenders had a more 'computer says no' approach when it came to making loan decisions. With the wealth of data now available on people, credit assessment can be made smarter. Aire's main product steps in to engage with an applicant on a lender’s website when the existing decision engine is unable to reach a full decision, enabling the consumer to supply relevant financial data about their circumstances.

In 2022, Aire announced a new partnership with GDS Link, a global leader in credit risk management. The company will be using Aire's Pulse income insights offering, to add value to the solutions that deliver to their customers.

Freddie headshot

Freddie

Company Specialist at Welcome to the Jungle

Benefits

  • Cycle-to-work scheme
  • Season ticket loan
  • Extended maternity and paternity leave
  • Work from home opportunities
  • Health insurance
  • Share options
  • An annual learning budget, controlled by you
  • Progressive parental leave and volunteering scheme
  • Generous home set-up budget to get you comfortable
  • Pension plan with company contributions | 401(k) Plan
  • In person meet-ups, family days and team activities – from sports to Christmas parties, we let no milestone go unmarked

Company values

  • Ship version 0.1 - A lot can be achieved by getting an early version out. Stay agile and learn from it rather than keep tinkering.
  • Own the monkey - We are fully formed adults. That means when someone takes responsibility, they take it fully, proudly and gladly.
  • Seek win-win outcomes - We create products that never favour or exploit one side at the expense of the other. That’s just not how we operate.
  • Enter the uncomfortable forest - We’re not afraid to take the hard path. Even if it takes more time or creates more pain. We want to ensure we do it the right way.

Funding (last 2 of 8 rounds)

Mar 2021

$7.7m

GROWTH EQUITY VC

May 2019

$11.1m

SERIES B

Total funding: $39.5m

This company has top investors

Leadership

Founded FabriQate, an enterprise technology company. Previously an investment banker at JP Morgan.

Endorsements

All

Meaningful work (1)

Intelligent people (1)

Clear values (1)

Aire 1