Remy Blaire is joined by Saumil Annegiri, Co-CEO and co-founder of CredCore, during Money20/20 USA in Las Vegas. They delve into the innovative intersection of credit and technology that CredCore operates within, addressing the complexities of the $5 trillion credit market. Saumil shares insights on how their proprietary AI models are designed with rigorous oversight to ensure precision, which is crucial in the finance sector.
They also discuss CredCore’s recent Series A funding, highlighting their unique blend of financial and strategic investors, including notable names like Inspired Capital and Fitch Group. This backing not only provides capital but also mentorship, which is vital for navigating the evolving credit landscape.
Looking ahead, Saumil outlines CredCore’s focused growth strategy, emphasizing their commitment to serving corporate borrowers and expanding their offerings to lenders and investment banks. He mentions exciting developments in their product roadmap aimed at enhancing risk assessment and deal execution, as well as plans for international expansion into markets like the Middle East and Europe by 2026-2027.