About
“If you want something new, you have to stop doing something old.”
–Peter F. Drucker
Building the new market standard to assess the credit risk of SMEs
Dr. Edward Altman and Dr. Gabriele Sabato started Wiserfunding to put in practice everything they had learnt in many years of research and work on SMEs. Wiserfunding enables bank and non-bank lenders, investors and corporates to better allocate funds to SMEs, helping them to build their assets, lend money in a risk-managed way, and reduce the cost of acquiring new suppliers or customers. By accessing more comprehensive data to show which companies will likely generate long term value, financial markets can help SMEs to grow and prosper.
Building on the Z-Score model, which has stood as the industry standard for 50 years, Wiserfunding uses Artificial Intelligence to assess intangible factors such as corporate governance, management capacity and macroeconomic outlook.

Incorporation
Wiserfunding incorporated in UK and Italy
April 2016
Model Development
Wiserfunding team completes the development of 32 models segmented by country and industry sector.
November 2017
Platform Development
December 2018
Expanding
Wiserfunding signs its first client in the UK
February 2019
India Operation
Wiserfunding enters the India market, a country with more than 42.5m SMEs.
February 2020
Progression
After two years in market, Wiserfunding is serving 40 banks, non-bank lenders and asset managers across the world.
December 2020
Funding Secured
Serving more than 60 clients across three continents, Wiserfunding secures £3m investment from BGF to fund international growth and product expansion.
July 2021Interviews with our Founders
Find out more about Wiserfunding with these interviews with our founders.
The SME Z-score
Dr Edward Altman on the launch of the SME Z-score.
Helping SMEs
Dr Gabriele Sabato on helping SMEs build a strong credit culture and improving market efficiency.
Creating Credit Culture for SMEs
Dr Edward Altman on why he founded Wiserfunding to create a credit culture for SMEs.
Other Interviews
SME Specific Independent Models
Dr Gabriele Sabato on creating SME specific independent models for measuring risk and helping SMEs
Where We are in the Credit Cycle
Dr Edward Altman on where we are in the credit cycle.
Partnering with the Italian Stock Exchan...
Dr Edward Altman on Wiserfunding partnering with the Italian Stock Exchange
Fully Automated Risk Solutions
Dr Gabriele Sabato on creating a cloud based, fully automated risk solution to assess the credit
Building Wiserfunding
Dr Gabriele Sabato on the journey of creating Wiserfunding, a cloud based, fully automated risk
Wiserfunding's technology
Dr Gabriele Sabato on creating Wiserfunding to combine the original Z-Score with the latest the technology.
Economic Downturn Effects
Dr Edward Altman on the effects of an economic downturn on the financial industry
The Original Z-Score Model
Dr Edward Altman on developing the original Z-Score model, the first multi variate model to assess the risk of companies.
Market Standard Assessment
Dr Edward Altman on creating a market standard for measuring risk of SMEs and providing a common form of assessment.