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Ex-TNEX chief Bryan Carroll heads new Credit-Decisioning-as-a-Service start-up SMEApprove

October 5, 2024

Bryan Carroll, former TNEX chief, now leads SMEApprove, a Credit-Decisioning-as-a-Service (CDaaS) platform.
SMEApprove targets banks, fintechs, and lenders supporting the global SME sector.
The platform aims to address the $5.7 trillion funding gap experienced by SMEs.
Carroll believes traditional lending models and limited data sets prevent proper service to underserved SMEs.
SMEApprove enhances credit decisioning by providing access to alternative data sets and uses AI to assess over 300 data points in loan applications.
The platform includes a loan monitoring tool to help banks track administered loans.
Mbanq, a Banking-as-a-Service (BaaS) provider, has adopted SMEApprove’s solutions across all client platforms.
Carroll is also the CEO of InclusionFS, which helps banks in emerging markets adopt socially inclusive strategies.