International Business Credit Reporting Powerhouse Creditsafe Celebrates 18-Year Anniversary, Three Years in U.S. Market

Company Reports 28 Percent Revenue Growth and Announces Plans to Expand Footprint Into Asia Providing Complete Global Coverage


ALLENTOWN, Pa., Sept. 21, 2015 (GLOBE NEWSWIRE) -- Creditsafe – the world's most-used supplier of business credit reports – is celebrating its 18-year anniversary this month, three years in the U.S.

An infographic accompanying this release is available at http://www.globenewswire.com/newsroom/prs/?pkgid=36243

Since first opening its doors in Norway in 1997, the company quickly became the largest credit reporting bureau in Europe and is now the world's most-used supplier of business credit reports. Its success is driven by its ability to deliver a high-quality, affordable alternative to large competitors, like Dun & Bradstreet, as well as unmatched international reporting capabilities – an increasingly important benefit to companies doing business overseas.

Today, Creditsafe has 12 office locations around the world with over 1,200 employees and owns the largest international database of online credit information covering 140 million companies. Next year, it announced that it will be expanding into Asia, giving Creditsafe complete global coverage.

"We're on a mission to change the way businesses use credit reports by making them affordable and accessible to all companies, not just the Fortune 500s," said Matthew Debbage, President of Creditsafe's American and Asia-Pacific Operations. "Our 28 percent year-over-year growth rate and ability to disrupt new markets are proof that we're achieving that."

In 2012, Creditsafe opened its first U.S. office, headquartered in Allentown, Pa., followed by a West Coast office in Phoenix, Ariz., last fall. To date, in the U.S. alone, the company has delivered more than one million business credit reports to American businesses and added more than 6,000 subscription customers in the U.S., including Staples, Ryder, Nestle, Dell, Crayola and Energizer.

With more than 75 million reports delivered in just the past year, Creditsafe has earned its rank as the world's most-used supplier of business credit reports.  

About Creditsafe

Founded in Norway in 1997, Creditsafe, Inc. is the world's most-used supplier of online business credit reports. Today, 85,000 companies, including more than 6,000 in the U.S., use its credit reports, ranging from small businesses to large, global concerns like Staples, Ryder and Nestle. Its U.S. operations are headquartered in Allentown, Pa.


            
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