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
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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.