back Back

Wiserfunding partners with Gardant to power market standard for SME risk assessment

By Joy Dumasia

November 23, 2021

  • Credit Management
  • Europe
  • FinTech
Share

Gardant, a market leader in Italy in the credit management sector both as servicer and as an investor, with over EUR 40 billion (GBV) under management and a primary focus on SMEs and corporates, has signed a cooperation agreement with Wiserfunding, a leading provider of credit risk assessment for lenders, with a mission to become the market standard for SME and corporate risk assessment. This initiative is part of Gardant’s continuing development of its proprietary UTP management platform.

Gardant, a pioneer in the UTP credit management field, where it has been active as a service and as an investor since 2016, aims at offering a best-in-class product to investors and banks as a partner in the management of an orderly exit from the pandemic emergency, maximising at the same time reperforming scenarios for the companies involved.

Mirko Briozzo, CEO of Gardant, commented: “I am very pleased with this agreement with Wiserfunding, a partner with whom we have been talking for months. This enriches our ecosystem of credit management tools, supporting our focus on a cutting-edge and easily scalable UTP management platform. We are already an active all-around operator on UTP loans since we manage on our systems everything from residential mortgages to medium-large corporate positions, and we want to continue to invest in order to better consolidate our positioning.”

Gabriele Sabato, CEO of Wiserfunding, said: “Access to capital is key to ensuring a robust economic recovery, whilst high levels of business debt and operating uncertainty requires financial institutions to have a clear and accurate view of risk. This is why our relationship with Gardant comes at such a critical time to help support those most in need. Wiserfunding’s proprietary risk assessment platform uses AI to provide accurate, reliable and unbiased credit risk assessment, which is up to 30% more accurate than competitors, to ascertain the credit quality of opportunities for the lender that ultimately support businesses to grow.”

IBS Intelligence reported that London-based Wiserfunding, a provider of credit risk assessment for SME lenders, announced a strategic partnership with CrediLinq.Ai, a Singapore-based, fully integrated AI credit platform, disrupting SME credit underwriting in Southeast Asia.

Previous Article

November 23, 2021

Options provide hosted environment for Finastra’s Fusion Invest in the Cloud

Read More
Next Article

November 23, 2021

5 key FinTech trends to watch in 2022

Read More







Advertise with us



IBSi Daily News Analysis

FinTech digital payment in India

May 16, 2022

Credit Management

Digital payments caused a paradign shift in rural India

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

BigPay goes live on Amlock’s Financial Crime Detection and Management Solution

Read More

Today

Elucidate raised $8m to help banks counter surging financial crime

Read More

May 13, 2022

Phocket completes INR 120cr disbursement as of March 2022

Read More

Related Reports

Sales League Table Report 2021

£ 1,500.00 / year

Know More
Emerging Technologies in Capital Markets

£ 500.00

Know More
Global Digital Banking Vendor and Landscape Report Q1 2022

£ 1,500.00 / year

Know More
Wealth Management & Private Banking Systems Report Q1 2022

£ 1,500.00 / year

Know More
Treasury and Capital Markets Systems Report 2021

£ 1,500.00 / year

Know More