Credibly, a GenAI-powered lending platform serving small businesses, today launched Credibly.ai, an innovation and technology showcase designed to highlight the company’s progress in artificial intelligence. This initiative provides small businesses with advanced financing tools and solutions.
“(We were) bold from the outset in developing real applications using GenAI – no fluff, just practical, impactful solutions that cut costs and/or increased efficiencies,” said chief strategy officer Minyang Jiang. “Every part of our business rolled up its sleeves to make this happen. Our commitment to putting into production real-world applications emphasizes our dedication to empowering small businesses through cutting-edge technology.”
Credibly has filed multiple patents related to its use of Generative AI to deliver business results and said it is confident that its applications can also be leveraged across various industries to enhance their operations. The company said it focuses on building impactful tools that empower small businesses to benefit from better funding options more efficiently, and it has now incorporated its GenAI applications to deliver financing to small businesses even faster and with a better customer experience.
The company emphasized the critical importance of change management in technology adoption. While automation offers valuable insights, Jiang stated that: “The true challenge lies in managing the transition into new technologies. Balancing people, product, and process is essential to ensure that operations remain smooth while AI innovations are integrated into daily workflows.”
Credibly CEO Ryan Rosett has high hopes for the future of the company and its future use of AI.
“Future developments are already in the works, with plans to further integrate AI solutions into our lending process and the customer experience. We have learned how to innovate and automate the right way, and our speed of development will only get faster. We believe that by layering and connecting these foundational building blocks, we will continue to break the current constraints within the industry to create major breakthroughs in the customer experience.”