Wiserfunding
2nd Floor Regis House, 45 King William Street, London, EC4R 9AN, United Kingdom
Overview
Wiserfunding provides AI-driven credit risk assessments for SME lenders, claiming models that achieve over 90% prediction accuracy and up to 30% better accuracy than competitors. It serves around 60 customers across three continents, including banks, non-bank lenders, insurers, payment providers and asset managers. Wiserfunding says its clients lent almost £3 billion to SMEs in the last year using its assessments. The company reports it is currently profitable and has experienced 10x customer growth and eight-fold revenue growth in the past two years. Customers include Revolut Business, Bank North, Assetz Capital, ArchOver and Fasanara Capital. Co-founded by Dr. Gabriele Sabato and Dr. Edward Altman, Wiserfunding aims to become the market standard for SME risk assessment and to expand internationally.
- Total raised
- $4M
- Funding rounds
- 1
- Latest round
- Equity
- Latest activity
- Sep 2021
Industries
- Artificial Intelligence (AI)
- FinTech
Recent funding
Equity
Sep 2021
$4M