Worth AI Launches Revolutionary Business Credit Scoring Platform

Sal Rehmetullah and Suneera Madhani, known for their success with Stax Payments, have unveiled their latest venture, Worth AI. This new startup introduces a groundbreaking AI-powered platform designed to provide businesses with a comprehensive credit score, addressing the critical need for data transparency and accurate financial profiling in the business world. Worth AI's platform, which computes a unique WorthScore, draws from over a thousand data points, including financial transactions and credit history, enabling small to medium-sized businesses (SMBs) to gain insights into their financial standing and potential risks on a daily basis.

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Madhani emphasized the necessity for such a tool, highlighting the absence of a standardized credit score for businesses, which has led to biased decision-making processes among financial institutions. The WorthScore not only offers an objective assessment of a business's financial health and creditworthiness but also facilitates easier access to financing and the possibility of negotiating better terms with lenders. With $12 million raised in funding and a team comprising industry veterans from companies like Visa and Dun & Bradstreet, Worth AI has already garnered interest from a range of entities, including business credit card companies, fintechs, and major financial institutions, underscoring its potential to revolutionize the landscape of business credit evaluation.

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