Part of the Credit Research Centre Seminar Series

Friday 15 March 2019
Lecture Theatre 1A (lower ground floor)
Gabriele Sabato; Co-founder and Chief Executive Officer; Wiserfunding


This is a free event.  Refreshments available from 13.45.

Abstract: While lending to SMEs appears to be a near paradigm shift in Europe, allocation of funding without a strong risk assessment framework could result in poor credit decisions or credit pricing decisions. While big businesses are holding back on investments due to Brexit uncertainty, the £775m Banking Competition Remedies fund promises to boost UK small businesses. A better allocation of funds makes the market more efficient, mitigates the risk of an SME credit bubble, and will build the UK economy by helping the best businesses secure the investment they deserve. At Wiserfunding, we have built an online platform to allow businesses looking to obtain finance or lenders and insurers looking to assess the risk of business applicants to get more accurate data to make better decisions quicker than ever before. Using the latest AI technologies, we provide SMEs across Europe with a risk assessment based on past financial history and a range of publicly available structured and unstructured data.