Having been positioned next to ABN AMRO, New10 accesses the best of two worlds - the speed and agility of a fintech and the financial expertise, and resources of ABN AMRO. The freedom to experiment with cutting-edge technologies allowed New10 to take a cloud-native approach and reinvent online lending.
Through a fully automated assessment process New10 checks whether a company is healthy and reliable to qualify for a loan. A unique model automatically calculates the risk profile of the customer on the basis of transaction data and annual figures - all without the customer being questioned.
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