US data analytics firm FICO has acquired Brazilian credit risk management consultancy GoOn, gaining wider access to thousands of potential clients in the Brazilian financial market. The values involved in the deal were not disclosed.

Founded in 2002, GoOn provides risk consulting services for the entire consumer credit life cycle. It is reported to have many deep-pocketed clients in Brazil’s banking, retail, insurance, and real estate sectors. Moreover, it has trained more than 12,000 credit management professionals and most of whom work for its clients.

FICO’s technology assets, combined with Goon’s skilled human talent, will create a powerful company in Brazil’s credit market, say analysts.

Original Story: Nearshore Americas | Narayan Ammachchi
Photo: GoOn
Edition: Prime Yield