Fulfin has a new scoring system

Munich-based fintech for financing solution launches with criteria for its own Financial Health Index.

Fulfin was founded in Munich in 2018 and offers financing options for online companies. Now the fintech has published the criteria for its own Financial Health Index. With the AI-powered index, Fulfin has developed a system for financial ratings that should also enable online retailers to analyze their own growth potential.

The index says it is based on four categories that provide the benchmarking framework. First, the debt-to-sales ratio is calculated. Second, the share of fixed costs in generated sales is to be determined and compared with other companies. The median here is 25 percent, according to Fulfin. The third factor is the profitability of the respective online retailer. The evaluation of sales and the outstanding acquisition and logistics costs is done by an AI. And the fourth and final category is revenue stability.

With its own index and the transparency of the criteria, Fulfin wants to offer companies, among other things, a way to assess their own financial needs in order to plan for the long term.