Spark Intel’s Post

𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐌𝐨𝐧𝐞𝐲𝐟𝐚𝐜𝐭𝐬 𝟐𝟎𝟐𝟒 𝐀𝐰𝐚𝐫𝐝 𝐖𝐢𝐧𝐧𝐞𝐫𝐬! 🏆 𝐁𝐞𝐬𝐭 𝐔𝐬𝐞 𝐨𝐟 𝐓𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲 𝐢𝐧 𝐒𝐌𝐄 𝐅𝐢𝐧𝐚𝐧𝐜𝐞 Last week marked a significant milestone for our team here at Spark Finance, as we proudly received recognition from Moneyfacts Group plc for our pioneering efforts in applying technology to SME lending by scooping the Business Moneyfacts 2024 Award for 'Best Use of Technology in SME Finance'. This accolade is not just an achievement; it resonates deeply with our mission to revolutionise the SME lending landscape through technological innovation and serves as validation that our two key products address a real need in the market. 𝐒𝐩𝐚𝐫𝐤 𝐂𝐨𝐧𝐧𝐞𝐜𝐭: Our White Label platform, Spark Connect, offers a valuable tool for various businesses, including manufacturers, suppliers, FX firms, and more. It enables them to seamlessly provide debt products to their customers, empowering them with financial solutions tailored to their needs. 𝐋𝐞𝐧𝐝𝐞𝐫 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬: Our Lender Solutions product leverages AI to automate critical processes for lenders. From analysing financials to generating report content and conducting searches, our solution streamlines operations, enhancing efficiency and enabling lenders to make informed decisions swiftly. Here's a glimpse into what sets Spark apart: 📁 𝐃𝐚𝐭𝐚, 𝐃𝐚𝐭𝐚, 𝐃𝐚𝐭𝐚: Comprehensive data forms the foundation of everything we do. With over 5 million UK business records meticulously curated from 60 diverse public channels, we ensure that our data undergoes rigorous testing against various benchmarks. 🤖 𝐀𝐈 𝐈𝐦𝐩𝐥𝐞𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧: Our proprietary algorithms utilise APIs to collect data and seamlessly analyse it against a tailored set of criteria. Infused with years of market experience, our AI-driven approach optimises benefits for lenders, ultimately enhancing the lending experience for SMEs. ✅ 𝐒𝐩𝐞𝐞𝐝: Efficiency is key, and technology enables us to achieve just that. Using AI we've accelerated the qualification process for new businesses by a staggering 75%. This translates to tangible savings of over £400 per Business Development Manager per month, underscoring the real-world impact of our technological innovations. The award sits proudly in our London office, a testament to what our incredible team has been able to deliver in a short space of time, and an inspiration to continue to develop and deliver value to our partners, positively affecting the industry. If you're curious to learn more about our solutions, we invite you to reach out. We'd be delighted to welcome you to our office for a discussion and a deeper dive into what makes Spark a game-changer in SME finance. A heartfelt thank you to Moneyfacts Group plc and all of our partners for their unwavering support on this journey. Together, let's forge ahead towards even greater heights! 🙏 🌐 www.spark-intel.co.ukg.wilks@sparkfinance.co.uk

  • Business Moneyfacts 'Best Use of Technology in SME Finance' 2024 Award Winners

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