KUKE, Poland’s Export Credit Agency, has chosen London-based Wiserfunding, a pioneer in business credit risk intelligence, to digitalize risk assessments and encourage global business growth. By providing real-time credit risk analytics on buyers and sellers worldwide, this strategic alliance seeks to enhance the efficiency of KUKE’s lending operations.
By integrating Wiserfunding’s cutting-edge credit risk intelligence tools with KUKE will leverage Wiserfunding’s capacity to enable Polish exporters and producers to access comprehensive and accurate risk profiles of their international consumers and business partners.
Multi-regional risk assessment and need for digitisation
By KUKE’s own admission, one of its biggest challenges is comparing the risks exposure of companies in different parts of world. That is because of the marked difference in the business climate, regulatory framework, and economic climate between regions. Evaluating the reliability and creditworthiness of multinational companies has long required a substantial investment of time and energy.
For KUKE, the partnership with Wiserfunding equips it to operate more efficiently and effectively in today’s fast-paced corporate environment, where manual processes and fragmented data present a barrier to progress.
Wiserfunding in credit risk assessment
Wiserfunding specialises in evaluating the creditworthiness of SMEs through advanced analytics. The company provides an innovative suite of credit risk intelligence products designed to address the complex difficulties that businesses face on a worldwide scale.
Ultimately, KUKE is on a mission to give Polish businesses the tools they need to trade internationally with confidence. This, it hopes, will, in turn, promote long-term economic growth and create new jobs. Wiserfunding, on the other hand, aspires to be the premier platform for credit risk intelligence by connecting small and medium-sized enterprises (SMEs) with financial institutions and facilitating better and sustainable business relationships.
By working together, they hope to greatly improve operational efficiency and accuracy in risk management by streamlining and enhancing the review process for businesses operating across international borders.