The Role of Machine Learning in Small Business Lending

Karen Webster of interviewed Prashant Fuloria, COO of Fundbox, about the guiding principles for using different data sets in underwriting; Fundbox uses tens of thousands of data points on every single business that applies for credit; they also leverage the data of their customers’ customers creating a proprietary business graph that is truly predictive; Fuloria said, “Your creditworthiness in the sense of your cash flow volatility depends on those people around you…you are the company you keep.” Source.

  • Peter Renton

    Peter Renton is the chairman and co-founder of Fintech Nexus, the world’s largest digital media company focused on fintech. Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series.