Octane Closes $284M ABS Deal to Boost Lending Platform
More Than $4.5 Billion of Asset-Backed Securities Issued to Date
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...
The investment will enable both companies to integrate their expertise to improve credit access for small and medium-sized enterprises (SMEs) in a region facing a credit gap of over US$1 trillion
Ocrolus, the leading AI-powered automation and analytics platform for financial decision-making, today announced the launch of Encore, a groundbreaking, double opt-in borrower intelligence sharing platform built specifically for small business funding. Since 2016, Ocrolus has built the cash flow analytics infrastructure that powers credit scoring models for more than 175 funders, including leading originators such as Enova, Square, PayPal, Rapid Finance, Kapitus, Fora Financial, Bluevine, Libertas and Expansion Capital Group. Trained on over 15 million...
Consumers can now submit one loan application to Lending Match and be reviewed by up to 35 lenders in real time, with no impact to their credit score.
Partnership joins LoanPro’s modern lending and credit capabilities with Thredd’s global card issuance and processing to offer scalable and compliant credit solutions across the U.S. and beyond
Bizcap, together with its US affiliate NewCo Capital Group, is proud to announce that it has acquired 8fig and that it has become part of the Bizcap Group, marking a major step in the fintech company’s global expansion and leadership in technology-led business funding. Founded in 2020, 8fig has delivered more than $500 million in funding to online sellers and developed its pioneering “AI CFO” tool, enabling small businesses to plan, forecast, and scale with confidence. By joining...
Includes Agentic AI Assistants, AI-powered Document Analysis, AI-assisted Underwriting, and an Agentic AI architecture that dynamically personalizes workflows and loan products and programs
New Wholesale Lending Platform powered by Tinman® AI will feature a wide credit matrix and fast digital application supported by AI-powered underwriting to help Mortgage Brokers serve more customers with a Better process Better Home & Finance Holding Company (NASDAQ: BETR) (“Better.com”), the leading AI-native home finance company, today announced the launch of their Wholesale HELOC and CES Platform powered by Tinman® AI. The platform supports both Home Equity Line of Credit (HELOC) and Closed End Second...
Partner financial institutions can now tailor Avvance to their business needs with new developer portal