The innovative, patent-pending technology completely alters how companies evaluate the financial creditworthiness of small and medium-sized businesses (SMBs), giving them greater access to a wider range of clients, lowering their risk, enhancing data transparency, and stimulating the economy. Using a single company credit score, Worth AI helps banks, credit unions, fintechs, and financial service providers approve business loans, financial services, and credit lines more quickly.

Using real-time data, the Worth AI data-driven platform reduces risks, eliminates biases, and forecasts the financial destinies of businesses. By utilizing artificial intelligence (AI), the platform analyzes thousands of conventional and unconventional data sources to quickly provide a single "WorthScoreTM️" and create thorough business profiles in a matter of minutes.

Sal Rehmetullah, co-founder and co-CEO of Worth AI, stated, "Suneera and I are happy to get together again and launch Worth AI to address the current challenges and inefficiencies when it comes to financing for SMBs." "The creative method creates a smooth and user-friendly underwriting procedure that was previously difficult and time-consuming. The Worth AI platform promotes economic growth for all, increases the effectiveness of financial service providers, and gives small enterprises equal access to financing."

According to Asif Ramji, the current executive chairman of Worth AI and the former chief growth officer of FIS and Worldpay, "With Worth AI, financial enterprises can finally eliminate process friction between lenders and SMBs, eradicate inefficiencies, reduce operating losses, and gain unparalleled insights into the complete, real-time financial profiles of SMBs." "Worth AI's innovative solution unlocks new avenues for growth for financial service providers and changes the way small business owners can understand and improve their own credit worth," Ramji said.

The goal of Worth AI's experienced leadership team is to innovate and upend the financial credit system. Sal Rehmetullah and Suneera Madhani are the team's fintech veterans. To further strengthen the startup's dedication to quality and industry knowledge, the two have assembled a group of leaders from Google, American Express, Visa, and Dun & Bradstreet. In addition, the firm has collected over eight figures in pre-seed finance to support its ambitious growth goals and hopes to secure more funding from key partners.

According to Worth AI co-founder and co-CEO Suneera Madhani, "we are launching Worth AI because there is a desperate need for data transparency and accurate financial profiling of businesses." "From a consumer perspective, the credit score has been standardized, but the business credit score has not. Every bank, fintech company, lender, and financial institution evaluates SMBs differently, employing risk engines and antiquated human judgments that lead to biases in judgment and a significant risk of loss. I am very enthusiastic for businesses to realize their worth since Worth AI is going to set the bar for the new business credit score."

The Worth AI Platform has a wide range of crucial features designed specifically for small and medium-sized businesses (SMBs) and financial lenders, such as:

Acceleration of Onboarding
The Worth AI Platform makes credit decisions automatically by leveraging AI-powered global intelligence. This accelerates the approval process and facilitates quicker customer onboarding. This tool makes it easier for companies to swiftly and effectively raise the money they need to grow and expand.

Accurate and Efficient Underwriting With AI has created a sophisticated AI-powered decision-making engine. Thousands of data points can be analyzed by this engine to provide accurate and effective case management. Businesses can gain from reliable decision-making procedures that result in higher loan approval rates and easier access to necessary funding by taking into account a wide range of parameters.

Forecast-Based Risk Surveillance
The Worth AI Platform provides small and medium-sized enterprises with predictive monitoring and real-time status updates through continuous portfolio evaluation. This makes it possible to identify such risks quickly, enabling companies to take proactive measures to address any changes or weaknesses that would jeopardize their ability to maintain a stable financial position.

The Foundation of the Worth AI Platform is WorthScoreTM️
The Worth AI Platform creates complete corporate credit scores by synchronizing different financial data. Additionally, it computes the WorthScoreTM, a predictive business value assessment that aids in understanding a company's financial situation and enhancing creditworthiness. Businesses can anticipate easier access to loans, more efficient decision-making, and more prospects for expansion and success with the deployment of the AI-powered Worth AI Platform.

Accessible

The enterprise-focused Worth AI Risk Management Platform is priced per license and is available right now. You are able to add yourself to the waitlist for the beta version of the Worth Score small company dashboard.