Acquis Lumia welcomes grenke as 40th collaborator

Acquis Lumia, the industry-wide register of asset finance borrowing, has announced that grenke has become the 40th organisation to join its growing network.

Launched in 2022 by Acquis Data Services, Acquis Lumia provides real-time insight into a business’s existing asset finance obligations, giving lenders greater visibility to assess risk and reduce fraud.

James Rudolf, Director at Acquis Data Services, hailed the milestone: “We’re delighted to welcome grenke as the 40th organisation to join Acquis Lumia. Reaching this milestone with such a respected name in the industry is a fantastic endorsement of the value Lumia is delivering.

“Our mission has always been to help leasing companies unlock greater insight, and this shows just how quickly that goal is resonating across the sector.”

Since its inception, Acquis Lumia has been lauded for its role in enhancing transparency across the asset finance landscape. Its growth highlights the industry’s appetite for smarter tools that enable informed and secure lending.

David Horton, Managing Director at grenke, said the platform aligns closely with the company’s values: “Acquis Lumia provides vital transparency across the asset finance market, enabling smarter, more responsible lending decisions.

“We absolutely recognise the importance of industry-wide cooperation in addressing the challenge that fraud presents, and the Lumia platform provides a simple and effective way for us to deal with this challenge. We’re proud to be the 40th organisation to join Lumia and contribute to a more connected and informed industry.”