Mifundo and CRIF Switzerland: a Partnership to Enhance Cross-border Credit Data Access for European Banks

Mifundo CRIF Partnership marks a major step in European credit integration by combining Swiss data with Mifundo’s pan-European network. This Swiss credit data integration enables banks to instantly verify cross-border customers, simplifying lending to mobile professionals across Europe.

The partnership addresses a significant gap in European financial mobility. Swiss professionals working across Europe often face lengthy verification processes when applying for banking services, as European banks cannot easily access their Swiss credit histories. Through this integration, European banks can access comprehensive Swiss credit data instantly via Mifundo’s platform. 

“Adding Swiss data to our platform represents another crucial step toward making banking truly borderless across Europe,” said Kaido Saar, CEO of Mifundo. “Swiss professionals contribute significantly to Europe’s economic dynamism as they work across European countries. This partnership advances our mission of creating a passportable financial identity that works everywhere in Europe by ensuring people’s credit history follows them wherever they go.” 

Daniel Gamma, Director Corporate Sales at CRIF Switzerland, commented: “With over 30 years of experience serving financial institutions, we recognize the strategic importance of enabling seamless cross-border credit assessment. Our partnership with Mifundo marks a significant milestone in advancing European financial integration. This collaboration empowers European banks with access to reliable Swiss credit data through a unified platform, essential for enabling financial inclusion. We’re proud to leverage our expertise to build infrastructure that not only benefits financial institutions but also supports the dynamic needs of mobile professionals” 

The technical integration maintains full compliance with GDPR and Swiss data protection standards while providing banks with reliable information for confident lending decisions. Mifundo’s experience has shown up to 7x reduction in credit risk and 15% increase in business volume for banks using reliable credit histories to serve cross-border customers. 

CRIF Switzerland brings three decades of market expertise and proven infrastructure serving thousands of financial institutions to the partnership. The collaboration strengthens Mifundo’s pan-European network, whose passportable identity platform now covers over 70% of European population. 

The partnership supports the EU’s broader vision of integrated financial services by connecting national credit systems through robust data infrastructure. Both companies have received

substantial validation for this approach, with Mifundo securing €10 million from the European Innovation Council and recognition as Europe’s LendTech of the Year 2023. 

With the Mifundo CRIF Partnership, European banks gain seamless access to Swiss credit histories—enabling faster, smarter cross-border lending.