Rapid Finance Unveils AI Tool to Speed Up Loan Processing
June 18, 20254 min
New Lynx module, SPADE, accelerates loan application reviews from 20 minutes to 20 seconds, simplifying small business lending.
Happy Money Gets $500M Boost to Expand Responsible Lending
June 17, 20255 min
Funding agreement will accelerate Happy Money's growth and provide more consumers with smart, sustainable debt consolidation solutions
Xactus Integrates Flood Solution with ICE’s Loan Platform
June 13, 20254 min
Xactus, a fintech and market leader in verification solutions for the mortgage industry, is focused on broadening integrations in the ecosystem to support the loan life cycle beyond origination into servicing. As part of that effort, Xactus announced the successful completion of its integration with MSP, ICE’s comprehensive loan servicing system. This strategic integration enables mortgage servicers to receive automated flood zone determination updates directly into their servicing system without manual intervention. “This integration is a...
Parlay Closes Seed Round and Partners with JAM FINTOP
June 10, 20255 min
Parlay Finance, an AI-powered Loan Intelligence System, announced a $2 million seed funding round led by JAM FINTOP. This capital positions Parlay to continue scaling its technology nationwide, helping community lenders unlock substantial growth in the $1.4 trillion small business lending market. Closing the Small Business Lending Gap While small businesses drive 44% of U.S. GDP, the lending infrastructure serving them remains stuck in the past–until now. Parlay’s Loan Intelligence System (LIS) unlocks legacy bottlenecks...
Total Expert Announces Voice AI Sales Assistant Purpose Built for Mortgage Lending
June 10, 20257 min
Agentic technology helps lenders scale growth and improve customer retention by boosting engagements, conversions, and productivity
Experian analytics and Plaid permissioned data help lenders assess risk more accurately, expand access to credit and deliver better outcomes for consumers
Clara Capital Surpasses $300 Million in SMB Funding
May 27, 20255 min
Clara Capital Servicing LLC, a leading provider of alternative financial solutions for small and medium-sized businesses (SMBs), today announced that it has achieved a major growth milestone by surpassing $300 million in SMB funding. In the past year, Clara has strategically expanded its financial infrastructure, operational footprint, sales channels, and technology stack positioning the company as one of the fastest-growing financial services firms in the U.S. Clara Capital’s 2024-2025 growth highlights include: $ 300 M+...
New study highlights how 2025 will be a turning point as technology redefines experience, operations, and value across the mortgage lifecycle. Key Findings: 74% of non-bank lenders are betting on innovation to drive differentiation, while only 21% believe they are leading the pack—revealing a significant gap and opportunity to innovate. Agentic AI is becoming the next big play, merging GenAI’s cognitive reasoning with automation’s precision, ushering in task-fulfilling “agents” that scale beyond efficiency into execution. Only 51% of...
Empowering wealth management firms with the tools they need to streamline alternative asset management, reduce errors, uncover hidden insights, and make informed decisions faster - enabling them to thrive in an increasingly complex investment landscape.
Upstart (NASDAQ: UPST), the leading artificial intelligence (AI) lending marketplace, today announced a forward-flow commitment from funds managed by affiliates of Fortress Investment Group LLC (“Fortress”). Fortress has agreed to purchase up to $1.2 billion of consumer loans originated on the Upstart platform through March 2026. “This forward-flow agreement with Upstart reflects our continued pursuit of high-quality, risk-adjusted consumer credit assets,” said Matt Biczak, Managing Director at Fortress Investment Group. “Upstart’s platform provides access to...