JUDI.AI

Small Business Lending Analytics Software for Relationship Lenders

General Information
Industries
AI, Financial Services +3
Funding Stage
Debt Financing
Product Stage
-
Business Model
-
Company Overview
Founded
2016
Employees
44
Location
, Canada
Website
JUDI.AI - Company Details
JUDI.AI is a Canadian startup that focuses on providing small business lending analytics software for relationship lenders. Founded in 2016, the company aims to redefine small business lending by digitally transforming credit decisioning and underwriting processes for credit unions and community banks. Their lending analytics platform enables continuous assessment of the financial health of small business customers, allowing for active relationship growth through tailored product and advice offerings. What sets JUDI.AI apart is their unique ability to supplement traditional data sources with automated analysis of current banking data, bolstered by a proprietary categorization engine and risk detection logic developed from analyzing over 10 million banking transactions and evaluating more than $1 billion worth of small business loan applications. This results in offering smarter, faster, less risky, and more profitable small business lending solutions. Notably, JUDI.AI is committed to giving back, pledging 1% of their equity, revenue, time, and product to not-for-profits of their customers' choice. The company recently secured a $2.50M Debt Financing investment at 13 November 2020 from investors including FirePower Capital, CleanFin Capital, and Gord Baizley. With its innovative approach to small business lending and commitment to social responsibility, JUDI.AI presents an intriguing opportunity for investors and holds potential for significant impact in the financial services and fintech industries.