Munify Datatech Uses Financial Data To Assess The Creditworthiness Of Indian Cities

What if cities could access better financing through transparent financial data? Munify Datatech is building a fintech platform focused on municipal finances, bringing together information such as municipal budgets, audited accounts, property tax collections and expenditure patterns.

The platform uses this data to develop credit scores and assess the financial health of urban local bodies. According to the company, its database covers more than 200 municipal corporations and includes thousands of municipal documents. It is also developing a platform to connect creditworthy cities and viable infrastructure projects with lenders and development partners.

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