€1.1mio Research Funding was Awarded to fulfin for its Innovative AI-enabled Credit Scoring for SMEs

USA

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.

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00:00daily finance news news for everyday finance and business briefs welcome to usa finance daily

00:11fullfin receives your 1.1 meal research funding for its innovative ai enabled credit scoring for

00:16smes fullfin the leading provider of flexible financing solutions for digital economy smes

00:22announces over 4 million euros of its r d effort in the field of ai enabled objective real-time

00:27credit scoring of smes has been officially recognized by the federal government of germany

00:31for which the company will receive a research grant of 1.1 million euros the fintech will also

00:37receive the bsfz red seal from the certifying authority of research grants bsfz recognizing

00:43the groundbreaking nature of the in-house product innovation within the space of ai enabled credit

00:48scoring fullfin was founded in 2018 by nathan evans and dr alfred gruber to radically improve

00:54outcomes for smes in the credit application process samarth marotra head of data science

00:59and ai joined in 2019 and since then the company has been a pioneer in the field of data-driven underwriting

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