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Paperplane

Credit risk management platform for builders' merchants

Y CombinatorWinter 2023InactiveFintechCredit and LendingFintechSaaSAI

What they do

Problem

Builders', plumbing, and timber merchants struggle to identify and prevent customer defaults early enough to reduce credit losses.

Solution

Paperplane is a credit risk management platform that uses merchants' transaction data and sales-rep inputs to predict customer defaults in real time weeks in advance.

Who it's for

Builders', plumbing, and timber merchants that extend trade credit to customers.

Founders

Daniel Kwak
Co-Founder

Computational physics + ML PhD dropout.

Jack Hopkins
Founder

I left Cambridge with a post-graduate degree in Advanced Computer Science and peer-reviewed research in generative language models receiving almost 100 citations in the field. I started a company applying LMs to API security, where I met Daniel Kwak, who led my Seed Round. I left this company to join Daniel and Ben in building NLP for Sales. In my spare time I enjoy rowing long distances. Once I rowed unsupported from Africa to America in 40 days.

Ben Magolan
Founder

Previous ML Ops tech lead at Xometry and software engineer at the Naval Nuclear Laboratory. Attained his PhD in Nuclear Engineering at MIT specializing in reactor coolant modeling and simulation.

Company timeline

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