Want to keep up with everything Fundbox? We got you covered. Here’s a quick roundup of all the latest news and announcements from Fundbox.
Fundbox Wins The Prestigious Israeli Atlas Award For Best Fintech Startup
On May 31, we announced the good news: Fundbox won a coveted Israeli Atlas Award for Best Fintech Start-Up. For a third year in a row, the 2018 Israeli Atlas Award event was held in cooperation with the Ayn Rand Center, The Marker and such leading partners as, BDI, IVC, Bank Hapoalim and Israel Aerospace Industries. The prize is awarded to those Israeli startups that have created a technology, idea or product of exceptional value in Israel over the past year.
“We are humbled to receive the 2018 Atlas Award for the Best Israeli Fintech Startup,” said Noam Grabinsky, Vice President of Risk at Fundbox. “Israel is home to some of the greatest technologists and advanced technology companies in the world. Fundbox winning this award is wonderful validation for all the hard work our immensely talented team members have put in, to build our world-class organization. We see this award as valued recognition of our dedication to developing leading-edge technologies designed to help all small businesses succeed.”
Fundbox Named “Best Overall Business Lending Company” In 2018 FinTech Breakthrough Annual Awards Program
We were proud and excited to be selected as winner of the “Best Overall Business Lending Company” award by FinTech Breakthrough, an independent organization that recognizes the top companies, technologies and products in the global FinTech market today.
“We are delighted to recognize Fundbox for one of our program’s marquee awards, the Best Overall Business Lending Company award, an uber-competitive award category for our program with many compelling companies nominated,” said James Johnson, Managing Director, FinTech Breakthrough. “Fundbox stood out from the competition with its artificial intelligence-based underwriting platform. By fully automating the underwriting process with a data-driven risk model, Fundbox promises to underwrite faster, more cost-effectively and with greater accuracy than many other lenders – opening up lending possibilities for more customers. Congratulations to the entire Fundbox team for their industry recognition with our 2018 FinTech Breakthrough Award distinction.”
Fundbox COO Featured in CIO Review
Chief Operations Officer Prashant Fuloria was featured on the cover of the June 2018 issue of CIO Review. In the cover story, he discusses the way Fundbox redefines the lending process for small businesses by leveraging the power of cloud, artificial intelligence, and data exchange for value.
“Fundbox is giving small businesses, a new financial power by democratizing access to working capital. Business owners share a snapshot of their digital financial records. In exchange, Fundbox gives them a credit decision within minutes. And if approved they can have funds delivered to their business bank accounts as soon as the next business day. We take the concept of ‘data exchange for value’ quite literally here at Fundbox,” says Fuloria.
Fundbox customer Askia Howell, CEO of Alpha Baller Technologies, is also featured in the issue. In his case study, he shares how he was able to significantly and rapidly expand his business, using Fundbox credit.