Rich Data Co

Rich Data Co

IT Services and IT Consulting

North Sydney, New South Wales 3,227 followers

Enabling Future of Credit through AI Decisioning #futureofcredit

About us

Rich Data Co (RDC) is an industry leader in artificial intelligence (AI) decisioning for business and commercial lenders. The RDC AI platform enables banks to make high-quality lending decisions efficiently and safely. Leveraging advanced explainable AI technology, the platform delivers efficiency and transparency in both origination and portfolio management decisions. With the RDC platform, banks can deliver more meaningful customer interactions, improve credit outcomes, and increase lending.

Website
http://www.richdataco.com/
Industry
IT Services and IT Consulting
Company size
51-200 employees
Headquarters
North Sydney, New South Wales
Type
Privately Held
Founded
2016

Locations

Employees at Rich Data Co

Updates

  • View organization page for Rich Data Co, graphic

    3,227 followers

    As the year draws to a close, we want to extend our heartfelt gratitude to our wonderful customers and investors for your continued support and trust. This festive season, we wish you joy, peace, and prosperity. 🎄 May your holidays be filled with love and happiness. Thank you for being an essential part of our journey. We look forward to achieving even greater success together in the New Year! 🎁 Happy Holidays from the RDC Team! 🎁 #MerryChristmas #HappyHolidays

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  • The latest version of our AI Decisioning Platform has arrived! This release introduces two optional GenAI assistants—Genesis Assistant and Portfolio Assistant—empowering data science teams and portfolio managers with faster, smarter insights. We’ve also enhanced Data Foundation, Genesis Studio, and the Decision Workbench to streamline data-driven decision-making, improve operations, and increase transparency. Key highlights: - Genesis Assistant & Portfolio Assistant: Accelerate AI model building and gain instant portfolio insights. - Studio & Data Enhancements: Work easily with common file formats, configure Data Sensors, and analyse data more flexibly. - Decision Workbench Upgrades: Refine decision strategies with new strategy types, enriched data attributes, and reason code visibility. Learn more: https://lnkd.in/gq-htTVp #FutureOfCredit #AI

  • Our team recently took some time out for our RDC Christmas party—an afternoon of barefoot bowling, networking, laughter, and a well-earned pause to reflect on our successes so far. We’re incredibly proud of what we’ve achieved, including: 👏 Securing our first North American deal with M&T Bank 🎖️ Becoming an AmCham award finalist in the AI category 🏃♂️➡️ Releasing multiple new versions of our AI Decisioning Platform 👫 Hiring 23 new employees who bring diverse skills, fresh perspectives, and strengthened capabilities to help us meet growing customer demands and continue driving innovation. We’re more excited than ever about what 2025 will bring. Stay tuned—this journey is only getting started!

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  • Kevin Tham, PhD’s daughters recently gave our RDC whiteboards a much-needed break from all the complex AI and lending jargon, filling them instead with some brilliant artwork! From a majestic pharaoh to Daffy Duck, Minions, Snoopy, Garfield, and more, our whiteboard has never looked so colourful and fun. Sometimes, a fresh perspective (and a few cartoon characters) is all you need to remind yourself that creativity takes many forms. Here’s to our youngest "team members" for adding some joy and whimsy to our workspace! Have your whiteboards been "reclaimed" by the kids at home? Share your stories below—we’d love to hear them! 🖌️✨ #LifeAtRDC #ArtistsAtWork #Creativity #WorkplaceJoy

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  • Meet Suna Hafizogullari, a highly experienced data scientist with over two decades of expertise in credit risk analytics, including a significant tenure at FICO. Her passion for financial inclusion has driven her to develop scoring models for both consumer and SME lending across North America and international markets. Suna has led the development, implementation, and integration of diverse scoring solutions, including credit risk assessment, marketing, economic impact analysis, rating scales, cross-border scoring, and healthcare. Dedicated to creating a more equitable financial system that provides fair opportunities for a wider range of individuals, she continuously researches ways to use data and analytics for the creation of such systems. Outside of work, Suna enjoys long walks while listening to podcasts, with Hidden Brain by Shankar Vedantam topping her list of favourites. She’s also an enthusiastic cook, delighting family and friends with dishes made from scratch, often experimenting with new recipes and techniques. Welcome to the RDC team, Suna!

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  • Please join us in welcoming Evan Robinson to the RDC team. Evan is a data science and analytic decisioning leader with 20 years of global experience driving client success by solving complex business challenges with optimisation and AI/ML solutions. His expertise lies in balancing cutting-edge data science with delivering measurable business outcomes in an explainable and transparent way. Evan moved from the San Francisco Bay Area to Sydney 14 years ago. Outside of work, he enjoys family adventures, travel, and photography. It's great to have you on board Evan!

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  • View organization page for Rich Data Co, graphic

    3,227 followers

    Last week, John Zugelder, CFA (JZ) from our North American team attended the FinRegLab AI Symposium, an event dedicated to exploring how AI is shaping the future of financial services.   The financial services industry is at a pivotal moment: AI advancements are rapidly transforming the landscape, bringing both opportunities and challenges. With the potential to drive consumer well-being, financial inclusion, and financial stability, the time is now to establish a shared understanding and lay the groundwork for the responsible and inclusive deployment of AI.   At RDC, we’re committed to being part of this conversation, leveraging our expertise to help the industry navigate the complexities of integrating #AI and data-driven solutions into the financial system. #ResponsibleAI #FinTech #TeamRDC #FutureOfCredit

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  • A moment of pride for RDC as our CEO, Ada Guan, last night stood among some of the most innovative minds in #AI at the AmCham Australia Alliance Awards Gala. Just eight years ago, RDC started as an ambitious Australian startup, driven by a vision to reshape lending through AI. Today, that vision has propelled us across continents, including a major milestone this year with our first U.S. partnership with M&T Bank. This nomination celebrates not just our achievements but also the continued support of our investors, partners, and customers who are integral to our journey. A very big congratulations to Simon Lucey for his win in the AI category, and thank you to AmCham for this recognition.

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  • We’re pleased to welcome Sree Kurapati as the newest addition to our Data Analytics team in North America. Sree brings three years of experience as a data analyst and recently completed her master’s degree in Data Science. We’re excited to see the fresh perspectives she’ll bring to our business. In her downtime, Sree loves to travel, go for walks, dive into a good book, or sometimes unwind with a binge-watching session. Welcome to the team, Sree!

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  • At RDC, we're deeply committed to recognising and supporting the achievements of credit professionals who work tirelessly to drive positive outcomes in our industry. It’s a privilege to stand alongside remarkable leaders in the credit and collections field, especially the inspiring women who bring such strength, insight, and dedication to their roles. Becoming a Founding Silver Sponsor with Women in Credit Risk & Collections - Australia is more than just a partnership for us – it’s a way to show our gratitude and admiration for those who continue to shape the industry with integrity and expertise. We’re proud to contribute to this community and support the future of women in credit. #WomenInCredit #FutureOfCredit #SupportingWomen

    We're thrilled to announce Rich Data Co (RDC) as our newest Founding Silver Sponsor! If you know credit risk, you already know why this partnership has us excited. RDC stands at the forefront of innovation, transforming credit risk management by leveraging explainable AI technology to empower banks with efficient and transparent lending decisions. Their commitment to supporting ethical and transparent lending aligns seamlessly with our vision for the industry. And for the credit risk enthusiasts among us – their machine learning models are genuinely impressive!   One of the best parts? RDC's team includes some of our favorite industry leaders, including some of our wonderful WiCRC members (yes, both Lizs! Liz Buzzard,Elizabeth Savage). Their CEO, Ada Guan, is a powerful voice for female representation in AI and Tech, championing the kind of change we're all working towards in this industry.   When it comes to the big conversations shaping our future – ethical AI, responsible lending, and smarter financial decision-making – RDC isn't just at the table, they're helping set the agenda. They're showing the industry how to harness AI's potential while keeping ethics and responsibility at the forefront.   As a "Founding Silver" sponsor, RDC joins a fantastic group of early movers and industry change-makers who stepped up first. This partnership is more than just collaboration – it's about joining forces to reshape our industry and turn innovative ideas into real world impact.   Haven't explored what RDC is up to yet? You're in for a treat. Their approach to ethical, explainable and transparent lending is exactly what our industry needs right now.   For those heading to the Arca Conference –don't miss Gordon Campbell's session where he'll be sharing some brilliant insights. (Though we must admit, he's up against some stiff competition – Kris White and Sacha Close will be diving into the Response to ASIC Hardship Rep 782 at the same time!) Not to worry though, you can always catch up with Gordon and Liz over drinks later!   Thank you, RDC, for backing WiCRC's mission and helping create a brighter future for credit risk! We couldn't be more excited to have you on board

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Funding

Rich Data Co 4 total rounds

Last Round

Series B

US$ 5.8M

Investors

Acorn Capital
See more info on crunchbase