AI Transforms Software Underwriting for European Lenders

AI-generated NewsSnap summary based on source reporting.
Published: 2026-07-28T18:36:00Z
Category: technology
Source: PitchBook
Original source

Artificial Intelligence is significantly altering software underwriting processes for European lending institutions. Hayfin, deploying a €15 billion fund, highlights AI's transformative role in software businesses, underscoring its increasing influence within the financial technology sector. This shift indicates a growing reliance on AI for financial decision-making and efficiency.

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