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Creditsafe Shakes Up U.S. Business Information Market

Creditsafe Shakes Up U.S. Business Information Market

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World’s Most-Used Supplier of Company Credit Reports Expands U.S. Presence Targeting D&B Customers

World’s Most-Used Supplier of Company Credit Reports Expands U.S. Presence Targeting D&B Customers

ALLENTOWN, Pa. (January 28, 2015) – For years, Dun & Bradstreet has dominated the U.S. credit reporting industry. But now, two years after entering the U.S. market, U.K.-based Creditsafe is changing that.

Its mission: to shake up the staid credit reporting industry by making high-quality business credit reports easier to use and cheaper for American businesses to buy.

Since opening its U.S. headquarters in 2012, in Allentown, Pa., the company continues to make its mark on the U.S. commercial credit information market. Already, Creditsafe has delivered more than one million company credit reports to American businesses and added 5,000 subscription customers in the U.S., including Staples, Ryder, Nestle, Dell, Crayola and Energizer.

“For too long, American companies have been held captive to an expensive and cumbersome user experience,” said Matthew Debbage, president of Creditsafe’s U.S. operations. “We are eager to revolutionize the credit reporting industry in the U.S. and show American businesses what a different experience they can have with a credit reporting provider.”

Launched in Norway in 1997, Creditsafe now operates in eight European countries and the U.S. It owns the world’s largest single owned and integrated database of business credit information which covers more than 120 million companies globally, an increasingly attractive benefit to companies doing business internationally.

Creditsafe’s services are particularly attractive to small and medium enterprises (SMEs) for whom quality, reliable business credit information is often considered too expensive.

Debbage added, “We’ve found that 50 percent of all new Creditsafe subscribers have never used a commercial credit reporting service before. Our freedom access model has driven down costs for company credit report users in every market that we’ve entered so far, and we look forward to having that same long-term effect on the U.S. market.”

Unlike its competitors, Creditsafe does not charge per credit report. It provides its subscription customers with access to all of its reports for a flat rate. Most customers of Creditsafe will find their credit reporting costs plummet from what they had been paying to Dun & Bradstreet or one of the other large competitors.

About Creditsafe

Founded in Norway in 1997, Creditsafe, Inc. is the most-used supplier of online company credit reports in the world. It maintains the largest single owned and integrated database of business credit information gathered from 129 countries. Since its inception, as of 2014, the company has delivered more than 74 million reports to 80,000 subscription customers across the globe.

With more than 5,000 nationwide customers, Creditsafe is rapidly expanding its footprint into the U.S. by offering an easy-to-use, high-quality and cost-effective alternative to Dun & Bradstreet and other major credit reporting providers. Its U.S. operations are headquartered in Allentown, Pa.

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