fulfin, a fintech start-up, has received a research grant of €1.1mio and has been officially recognized by the Federal Government of Germany for it's innovative AI-enabled real-time credit scoring for SMEs.
They have also announced their total investments to the R&D efforts of over €4m,
fulfin is a leading provider of flexible financing solutions for digital economy SMEs. It is founded by Nathan Evans and Dr. Alfred Gruber in 2018.
They have also announced their total investments to the R&D efforts of over €4m,
fulfin is a leading provider of flexible financing solutions for digital economy SMEs. It is founded by Nathan Evans and Dr. Alfred Gruber in 2018.
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NewsTranscript
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.
00:37 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
00:54 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
01:02 has been a pioneer in the field of data-driven underwriting.