4 years ago

Wiserfunding Secures £3 Million to Enhance SME Credit Risk Assessment

  • London-based fintech company Wiserfunding has secured £3 million in funding from BGF

  • The company specializes in assessing the credit risk of SMEs using AI-powered technology

  • The funding will be used to accelerate international expansion, develop new products, and strengthen Wiserfunding's position in the global market.

      • ProblemFinancial Services

      "Small and medium-sized enterprises (SMEs) often struggle to access funding due to inaccurate and outdated credit risk assessments."

      Solution

      "Wiserfunding provides a more accurate and reliable credit risk assessment for SMEs using AI and machine learning, which leverages a wider range of data sources, including publicly available information, to provide a more holistic view of a business's creditworthiness."

      Covered on