fulfin receives €1.1mio research funding for its innovative AI-enabled credit scoring for SMEs

fulfin co-founder Nathan Evans proudly announces the research funding for the in-house developed AI-enabled objective real-time credit scoring

Transcript

00:00 Folfin receives your 1.1Mio research funding for its innovative AI-enabled credit scoring

00:16 for SMEs.

00:17 Folfin, the leading provider of flexible financing solutions for digital economy SMEs announces

00:22 over 4 million euros of its R&D effort in the field of AI-enabled objective real-time

00:27 credit scoring of SMEs has been officially recognized by the Federal Government of Germany,

00:31 for which the company will receive a research grant of 1.1Mio euros.

00:36 The FinTech will also receive a BSFZ Red Seal from the Certifying Authority of Research

00:41 Grants (BSFZ) recognizing the groundbreaking nature of the in-house product innovation

00:46 within the space of AI-enabled credit scoring.

00:49 Folfin was founded in 2018 by Nathan Evans and Dr. Alfred Gruber to radically improve

00:53 outcomes for SMEs in the credit application process.

00:57 Samarth Mehrotra, Head of Data Science and AI joined in 2019 and since then the company

01:01 has been a pioneer in the field of data-driven underwriting.

01:04 life.