For a company operating in such apparently developed markets, Experian’s recent growth in revenues has been impressively strong. Is it because the FTSE 100 credit checker and data analytics group has begun to think big?
Some of its initiatives have been contentious: a product that gives Experian access to US consumers’ bank accounts in the expectation that it might help them to improve their credit scores, for example.
The scheme has proved popular, in spite of any worries about privacy, with about 2.4 million Americans connecting their accounts to Experian Boost since it was launched last March. And ideas such as this have done no harm to the group’s share price, which has risen by just over 40 per cent in the past year.
Experian