Cantab Predictive Intelligence (Cantab PI), a British-Croatian startup developing an artificial intelligence platform for banks and pharmaceuticals, has received both top awards at a major international program for advanced-stage startups.
In a competition of 469 advanced-stage startups from 51 countries, 15 were selected, whose products were tested in a three-month program by Hungary’s OTP Bank in six European countries.
At the final ceremony, the results of which have just been announced, KiwiTech, one of the world’s leading accelerator programs for startups based in New York, awarded the Global Innovation Award to Cantab PI’s AI platform for banks.
Moshin Syed, Chief Startup Officer of KiwiTech, stated that the Cantab PI AI platform for banking, particularly the AI algorithms for credit risk assessment, is very important in the COVID-19 circumstances, where an increasing number of people without credit history or with insufficient credit history will need financial support.