Puls

The core of Puls is web service aimed at German SME companies. It integrates all bank accounts of its clients from different banks in one application, which is based on European open banking protocols. Clients can manage their working capital, receive credits, make payments and do FX transactions.

Puls is a subscription service

German SME clients pay Puls fixed monthly subscription fee to use its service. SMEs are keen to use Puls service because Puls provides business credits they are unlikely to receive via legacy banks or through other service.

Puls Lending Service

Puls credit issuance is instant. Puls assesses client’s account activity via all multiple accounts which SME clients connected to Puls application. Puls instantly scores clients credit risk through proprietary stochastic scoring model and provides funding to clients before they even applied for it. Puls provides credit to German SME from sister Montold SME Lending Fund which provides a legal basis for Puls lending activity. Puls is an LP in the Montold SME lending fund and collects 1% cary from credits issued by the fund.

Puls is focused on Germany

Germany is an ideal market for Puls. The size of the SME sector in Germany create opportunity for Puls to choose clients from over 2mln German SME companies. In addition the financial discipline of German customers reduces