Aire algorithmically generates a score factoring in the character and capacity of applicants by leveraging machine learning to emulate the power of human intelligence. This helps to supplement the thin credit history of applicants such as young adults, the self-employed or those who have recently moved country. A graduate of Techstars inaugural London cohort, Aire received regulatory approval by the FCA in October 2016, a first in its field, and raised a further funding round of $2m.