Introducing BetaScore—the credit scoring platform that helps small businesses be their best and gives institutions the confidence to lend.
External link for Beta Financial Services
Chicago, IL 60607, US
Beta Financial Services reposted this
I'm excited to share that Morgan Stanley is now an investor. BetaScore.ai is bringing AI-driven insights to the world of small business lending, and Morgan Stanley is bringing the firepower to help us scale. No more boring credit assessments or dusty old models. BetaScore.ai is rewriting the playbook with Morgan Stanley’s support. The future of small business credit is here, and it’s got a lot more personality!
We are proud to announce we have been selected for the 2024 cohort of the Morgan Stanley Inclusive Ventures Lab. We’re excited to work with the broader Morgan Stanley community because it represents a unique opportunity to accelerate the impact of BetaScore, our new small business credit scoring product. This program brings together some of the brightest minds and resources in the industry, providing a platform for innovation and growth. The access to Morgan Stanley’s network, mentorship, and expertise will be invaluable as we strive to redefine small business credit scoring. #smallbusinesslending #fairaccesstocapital #businesscreditscore
Please join us in welcoming the newest cohort of the Morgan Stanley Inclusive Ventures Lab. Since 2017, our in-house startup accelerator has promoted financial inclusion and provided access to capital for early-stage technology and technology-enabled companies. Find out more: https://lnkd.in/eYi9GM_e
We are excited to announce that Beta Financial Services has been chosen to join the Google for Startups Black Founders Fund 2024. The Google for Startups Founders Fund is an initiative created by Google to support growth-stage AI and cloud-focused tech startups led by Black and Latino founders. Growing up, our founder and CEO Seke Ballard saw his father's successful logging company repeatedly denied loans, highlighting the systemic discrimination against underrepresented entrepreneurs in traditional banking. Inspired to create more inclusive pathways to business success, Seke partnered with data scientists and used 1.2 million SBA loan records to develop a predictive model to accurately assess credit risk. This evolved into BetaScore, a modern small business credit score built on Google Cloud that provides transparency for lenders and SMBs alike. We hope that our BetaScore will inspire all financial institutions to rethink their lending practices and create a more equitable system for all. Thank you to Google for Startups for the opportunity to make this happen. Congratulations as well to the other amazing founders in our cohort Akeptus, Bountiful, Cambio, EdVisorly, HEARD by Elis, HacWare, Hire Henry, Hue. Improving Aviation, InOrbit.AI, JustAir, Maverick, Pagedip, Raincoat, Sensagrate, Sortile, TackleAI, Trustible, and Waterplan (YC S21)! #fairaccesstocapital #smallbusiness #smallbusinesscredit
Introducing the 2024 Google for Startups Founders Funds recipients in the United States 🌟 From boosting crop yields to revolutionizing how businesses secure their data, these visionary Black and Latino-led startups are harnessing AI to tackle critical issues across sustainability, enterprise, cybersecurity, and beyond. Congratulations Akeptus, Bountiful, Cambio, EdVisorly, HEARD by Elis, HacWare, Hue., InOrbit.AI, JustAir, Maverick, Pagedip, Raincoat, Sensagrate, Sortile,TackleAI, Trustible, Improving Aviation, Beta Financial Services, Hire Henry and Waterplan (YC S21)! Read more about the 2024 Founders Funds recipients here: https://lnkd.in/gu94sBjE