Our solutions automate large parts of the credit assessment process to allow for more focused and effective resource deployment within your institution and improved decision-making.
We provide origination and credit analytics solutions that help SME lenders to grow intelligently and efficiently.
We help SMEs to prepare for and access affordable debt.
Accurately and reliably calculate the total absorptive capacity of a borrower based on reliable financial forecasts and objective criteria.
Achieve a 99% efficiency improvement in the time it takes your credit analysts to complete a capacity to pay assessment on a loan.
Reduce mistakes and remove subjective determinations from the assessment process.
Instantly compare key ratio trend analysis graphically.
Understand local, national, regional and global sector trends that can impact on a borrower's ability to repay debt.
Quickly compare the financial strength of a particular borrower against their peers for accurate loan pricing.
Quickly generate a set of pre-qualified leads.
Easily evaluate overall portfolio credit quality in light of changing sector dynamics, receive real-time notifications tailored to your portfolio to let you know when changes in sector credit quality occur so that you can reduce the probability of Non-Performing Loans.
Our credit profile tool makes it easy for borrowers to understand and improve their ability to secure affordable debt.
Our SME Borrower tools include a Knowledge Hub that provides borrowers with tips on how to improve their attractiveness as a loan candidate
We are excited to announce that we have been selected as one of the 31 leading U.K. tech companies to join Tech Nation's highly specialised growth programme for the FinTech sector - FinTech 3.0. We look forward to strengthening this sector in the UK alongside other growing FinTechs.
Nadia Sood featured on ET Now Live talking about how CreditEnable works: Think of it as an Uber for business loans for SMEs. First, it checks if the business is creditworthy, so a business can “apply for a loan without actually applying” and impacting its credit score. Then CreditEnable matches the SME with the right lender and right loan that best suits it's requirements. CreditEnable is working with the likes of ICICI, Kotak and Bajaj Finance. During the Lockdown, CreditEnable helped SMEs get loans in a record 4 days. CreditEnable doesn't charge SMEs any processing fee.
Nadia Sood was recently part of ET NOW’s Leaders of Tomorrow eForum on ‘Digital Banking - for the classes or the masses?’ alongside other renowned industry experts. You can view the session by clicking here to understand the accelerated adoption of digital banking during COVID-19 and the transformation taking place within the financial sector.
There is a significant business funding gap being witnessed in the UK, with just 1% of venture capital deal-value going to all-female businesses and 89% to all-male teams. As part of the Department for International Trade (DIT)'s session on ‘Female Founders - Bridging the Funding Gap’, our Global CEO and Founder, Nadia Sood along with co-panelists discussed the economic potential of closing this gap that can contribute £250 billion of new value to the UK economy, while elaborating on specific measures that can be taken to incentivize this shift of capital.
Catch the highlights of our India CEO, Akbar Khan’s recent insightful panel discussion with Refinitiv on ‘Digital Transformation within Banking & Financial Services'. Find out what prompted an 8x increase in CreditEnable borrower registrations from January 2020, and how SME behaviour in India has significantly changed since the onset of COVID-19.
UK-India Fintech Awards were established by the Prime Ministers of both nations to bring the most innovative Fintech entrepreneurs from the UK, India and beyond, together, to learn from cutting edge developments in each other’s markets and receive mentorship from world class experts. "CreditEnable is delighted to have been selected as one of eight FinTechs to be awarded a UK-India FinTech Award 2020 by the British High Commission in India. We are very pleased that our cutting-edge technology and the positive impact to help SMEs access affordable finance has been recognised by the UK Government” said Nadia Sood, CEO and Founder, CreditEnable
CreditEnable India CEO Akbar Khan was today featured in Business India Magazine commenting on CreditEnable's ramp-up in India. CreditEnable has significantly strengthened its presence in the country’s SME space, providing SMEs with access to affordable finance by matching borrowers with the right lender and right product.
CreditEnable was recently featured in an SME Finance Forum article covering their recent member webinar highlighting how banks and financial institutions are using big data and advanced analytics to conduct SME lending in India. Through presentations from members Experian, CreditEnable and Axis bank, the discussion highlighted the new methods of data analysis these organizations are using to improve their SME services and mitigate risk. Also covered, was the importance of digital transitions due to COVID-19 and how the pandemic has emphasized the need to go beyond traditional data to fully analyze risk.
Global CEO Nadia Sood on 'Are Women Entrepreneurs Being Sufficiently Enabled?':
"No. Women need more investment! The UK government SEIS and EIS schemes are a great model for this. Why not set up a similar schemes for businesses founded and run by women? In 2019 I contributed to The Rose Review a study conducted by HM Treasury in the UK which estimated that up to £250 billion of new value could be added to the UK economy if women started and scaled new businesses at the same rate as men. Scaling a business requires capital and more of it needs to go to women.
In the MoneyWeek article featured in City AM I was asked what more can be done to promote women in Fintech, I said the same thing as I did in 2019: Invest more in women!"
CreditEnable today announced that it has partnered with Experian, one of India’s leading credit bureaus and data analytics and decisioning companies to offer lenders and SMEs with prospective borrowers’ personal and business credit scores.
CreditEnable CEO Nadia Sood spoke with Toby Babb of Harrington Starr as part of the COVID-19 Fintech Focus TV series. From navigating the SME lending space during the pandemic and adapting to new circumstances with agility, to the importance of digitization for SMEs, catch Nadia discussing key issues impacting small businesses and lenders in the current world dynamic.
CreditEnable has featured in a Fortune India article focused on how business communities in India and the U.K. are showing solidarity and collaborating in the effort to tackle the effects of the COVID-19 Global pandemic. As part of our scale-up plan, CreditEnable has launched a new programme in India called We Move Forward at the beginning of April. The programme is available to SMEs across India and offers a free business health check and help to secure working capital loans at no cost.
CreditEnable are grateful that we are able to get the word out that we are offering SMEs Free Financial Health Checks and help to access working capital loans. As part of our We Move Forward initiative CreditEnable is providing Free Financial Health Checks For SMEs + Access To Working Capital Loans. Completely digital and contactless. We Move Forward is open to SMEs all over India. Every SME will be entitled to a free financial health check, access to our cutting-edge technology to assess whether they are eligible for a loan, an estimate of the amount they may be eligible for, and free assistance from CreditEnable to secure working capital loans.
Featured in Forbes India, CreditEnable Global CEO Nadia Sood; “We are delighted Aditya has invested into the company and is joining our Global Advisory Board. Ensuring that Indian SMEs get access to affordable finance rapidly and that lenders can deploy capital quickly is more crucial now than ever and we are delighted that Aditya has joined us to help ramp up our activities."
Aditya Ghosh said, “We are currently in unprecedented times, and small and medium enterprises across the globe are faced with one of the toughest business crisis...CreditEnable provides a secure, end-to-end, and contactless experience in the SME lending space something that is critical given the current COVID situation.”
CreditEnable Global CEO Nadia Sood and Investor & Advisory board member Aditya Ghosh share their views on proposed Start BackUp India Programme: 1. Financing to help critical sectors get back up and running; 2. Low interest rate loans for 12 months post lock-down; 3. Export finance guarantees for manufacturing & services companies; 4. Interest rate caps for MSME working capital loans post lock-down. Potential solutions for lenders and borrowers were outlined, including measures to allow lenders to deploy more capital faster, such as the appointment of accredited digital intermediaries to work with lenders to help speed up the delivery of credit. The article also lays out steps the government could take to introduce specific lending and remediation measures for women who prior to this crisis were already in a disadvantaged position.
CreditEnable announced today that it is ramping up its activities in India to help improve access to finance for SMEs during COVID19, and is adding Aditya Ghosh, Former President and Board Member of IndiGo and a current Board Member of OYO, to its global investor group and its advisory board.
We are delighted that CreditEnable has been honoured alongside some truly amazing Fintech innovators being named in the list of the world’s top 200 Revolutionists in Fintech. We are excited to be part of a cohort of truly inspirational companies transforming the financial services industry, being recognised as a company that drives social good within the Fintech ecosystem. Thanks to The Financial Revolutionist, and congratulations to all!
Harpers Bazaar has featured CreditEnable Global CEO Nadia Sood in a recent article: "Life lessons: what I’ve learnt about supporting small businesses." In this article, Nadia talks on topics ranging from putting empathy to work for your business, being inspired by impatience, focusing on purpose and on impact at scale, and using technology for good. Read the full article here.
Global CEO Nadia Sood was a special guest on FinTech Futures for their podcast, “What the Fintech?” where she talked about SME lending and what banks can do to connect better with their clients, and other related topics.
Listen to the podcast to hear more about how CreditEnable uses technology to bridge the gap between lenders and SMEs so that this important segment of the market gets the financing they need.
CreditEnable, a transformational AI-driven SME credit business is pleased to announce the opening of a $2 million USD pre-series A round. New capital will support accelerated growth in the $8.1 trillion global market for SME credit.
Commenting on the opening of the firm’s pre-series A round, Nadia Sood added: “We are very excited that within days of opening this investment round, we have already secured new investors such as Alan Morgan, Chairman of Adfisco (www.adfisco.com), former head of McKinsey’s financial services practice in UK, Europe and the Middle East and Co-founder of MMC Ventures, and Chris Slater, Co-Founder of Simply business, the world’s first first quote-and-buy system for small business insurance. (https://www.simplybusiness.co.uk) Both have been attracted by the success and scalability of the platform, the momentum in the business, and the sheer scale of the opportunity we have ahead of us.”
CreditEnable is proud to announce that we have been named one of the “Most Influential Financial Technology Companies 2020” by The Financial Technologist Magazine.
The winners list is decided by world class judging panel including EY, Baringa, Lloyds Banking Group, Coremont, AlphaFMC, CRUXY & company and The Realization Group, who collectively chose 180 companies to be on the list.
“We are delighted to have been selected as One of the Most Influential Fintech Companies in 2020. We are very proud that the work we do to apply proprietary data analytics, deep learning and AI to build solutions to the world’s biggest financial challenges is being recognised by such a distinguished group of financial services professionals” Said Nadia Sood, CreditEnable’s CEO on hearing news of the award.
Nadia Sood spoke on BBC World News Worklife programme about how CreditEnable are using AI to make it easier for banks & lenders to lend to SMEs.
Click here to view from 20 mins, 10 secs into the programme
Nadia talked through the difficulties SME’s face when obtaining funding through main stream lenders, and how CreditEnable helps solve these problems, so that SME’s can get the affordable finance they need to grow.
In the second of the two part series, CreditEnable CEO, Nadia Sood explores how AI can be applied as a force for good by financial institutions, allowing them to be more inclusive while also increasing their growth potential.
CreditEnable's article 'AI: Understanding bias and opportunities in financial services' was featured in the October edition of FinTech Futures Banking Technology magazine, and was also the main feature in the Monday edition of the daily news at Sibos. Click here to read the full article.
CreditEnable was featured in this months FinTech Futures Banking Technology magazine focused on technology being the key to unlocking SME financing, through a blended approach of tech and traditional values, exemplified through CreditEnable's partnership with the worlds largest SME association, the Confederation of All India Traders. Click here to read the full article.
CreditEnable was highlighted as one of several UK FinTech firms who participated in initiatives to explore synergies between UK and India, two countries that share strengths in financial services and technology. The article also highlights CreditEnable’s recent launch of the CAIT programme, which is pegged as ‘the largest mobilisation initiative ever attempted to help secure affordable credit for small and medium enterprises (SMEs)’. Click here to read the full article on page 8.
Inclusive Fintech 50 is a competition designed to recognise and advance fintechs tackling financial exclusion in both emerging and advanced markets around the world, innovating for underserved customer groups in credit, insurance, payments and remittances and personal finance. A judging panel of industry leading founders and investors rated entrants to the competition with rigorous criteria, including their quantitative and qualitative positioning, growth models, capacity, innovation, traction to date, inclusiveness and ability to scale.
CreditEnable's CEO Nadia Sood featured on BBC's Tech Tent talking about how CreditEnable are using Artificial Intelligence to help solve the global problem of access to affordable finance for SMEs. Listen to Nadia's interview with BBC's Rory Cellan-Jones from 18:15 mins into the show
The IFC article outlines FinTech firm CreditEnable's partnership with the Confederation of All India Traders (CAIT) and our 'Changemakers Programme', which forms part of CreditEnables mission to make access to affordable finance a reality for 70 million SMEs across India.
The full feature article written by John Welsh, includes highlights about Nadia Sood, Founder and Group CEO, and also outlines CreditEnable's 'Changemakers Programme', an initiative launched in conjunction with the Confederation of All India Traders (CAIT) the world’s largest SME association representing 70 million SMEs to help SMEs access affordable debt.
CreditEnable is featured in a Disruption Banking article, as part of the cohort in Accenture's 2019 FinTech Innovation Lab. You can read the full article and more about the programme here.
Started in 2012, the Fintech Innovation Lab London is part of a competitive global accelerator programme run by Accenture with hubs in Hong Kong and New York. The companies that have participated in the London Lab have secured more than 50 contracts with global banks and raised $217M in funding.
Each October we celebrate Ada Lovelace Day, a day to encourage and celebrate the achievements of women in STEM (science, technology, engineering and mathematics) careers. CreditEnable's CEO Nadia Sood in featured in DataIQ's article which honours Ada Lovelace, who is considered as the first computer programmer.
LendEnable today announced its change in name to CreditEnable™, reflecting the company's ambition to become the first technology-enabled global marketplace for SME credit.
The Lloyds Bank National Business Awards is the flagship awards programme that recognises and rewards excellence across all sectors in the UK. Now in its 17th year the Awards have a range of categories suited for any successful organisation to tell their story; from large private and public companies through to thriving entrepreneurial businesses, promising start-ups and established SMEs.
The Institute of Directors (IoD) is a community of inspirational UK business leaders, and the organisation is committed to encouraging entrepreneurial activity and promoting responsible business practice in the UK and internationally. In July 2018 Nadia Sood was featured in the IoD's publication as a leader in the Fintech space.
We are pleased to announce a strategic partnership with CAIT, an Apex Body of Trading Community of India at a National Level. The partnership will focus on providing education and digital tools that help traders improve their creditworthiness and ability to access affordable business loans from banks and other lenders.
Initiative targets the 70 percent of SMEs in emerging markets who are underserved by the financial services sector, resulting in a credit gap of more than $1.0 trillion.
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