ClearScore acquires Manchester fintech company Aro Finance

Prominent fintech company ClearScore, known for providing credit score information and financial product referrals, is expanding its services into embedded finance and secured lending. This move follows its acquisition of Manchester-based fintech Aro Finance, which enhances its ability to offer B2B2C (business-to-business-to-consumer) solutions.

ClearScore already serves nearly 24 million users globally with its proprietary technology, which leverages credit reports, affordability data, and open banking to match users with credit cards, loans, and car finance options. The addition of Aro Finance – whose platform helps major retailers like Argos, Asda, and Very.co.uk offer credit products directly to their customers – enables ClearScore to further integrate financial services into other businesses’ consumer experiences.

This acquisition follows ClearScore’s 2022 purchase of Money Dashboard, which strengthened its ability to understand and predict financial behaviour, further complementing its strategic goals in embedded finance.