Vine Expands AI Lending Platform for Audited Financials
-New capabilities expand the amount of data lenders can import into their unified workflow-
-New capabilities expand the amount of data lenders can import into their unified workflow-
Pipe’s participation in the Unicorn Community will focus on promoting financial inclusion for small businesses.
Credit Unions – SchoolsFirst, Members 1st, Truliant and ORNL – and Citi Invest in Zest Amidst Rapidly Growing Demand for AI-Native Lending Products
Kiwi, the fintech company building AI-powered financial tools for underbanked Latinos in the U.S., today announced it has secured a $100 million credit facility from Community Investment Management (CIM). This financing follows the company’s $8 million Series A earlier this year and will accelerate its mission of expanding access to responsible credit for underserved Latino communities nationwide. Founded in 2020 by Mariano Sanz and Alexander Schachter, both originally from the Dominican Republic, Kiwi was created...
Consumer finance leader enables credit unions to expand lending capabilities, diversify balance sheet and reduce risk through loan participation
$3.6 billion bank leverages CSI's Hawthorn River loan origination system to achieve lending excellence at scale while integrating dozens of fintechs
Scienaptic AI, a global leader in AI-powered credit decisioning, today announced that First Community Credit Union, based in Houston, Texas, has chosen its platform to enhance credit access for its members. The credit union is adopting Scienaptic AI-powered, regulatory-compliant technology to support its goals of making faster, smarter lending decisions, streamlining credit processes, and extending lending opportunities to underserved members. First Community Credit Union has served Texas communities for more than 70 years with a mission...
Affirm, the payment network that empowers consumers and helps merchants drive growth, today announced an expansion of their long-term capital partnership with New York Life, America’s largest1 mutual life insurance company. Under the expanded agreement, New York Life will purchase Affirm’s installment loans on a forward-flow basis between now and December 2026, with an outstanding amount of up to $750 million. This provides off-balance-sheet funding that can support approximately $1.75 billion in annual consumer loan volume,...
More Than $4.5 Billion of Asset-Backed Securities Issued to Date
Vine, a commercial lending accelerator for banks and credit unions, has partnered with Alogent, a leading provider of software solutions for financial institutions. The collaboration integrates Vine’s AI-powered lending platform with Alogent Accu Account loan management system, creating a unified document workflow that spans from application to post-close. This collaboration brings together two powerful solutions for a seamless lending workflow. Vine is the hub for credit analysis—handling credit spreading, loan narrative creation, and credit memo...