AI-powered solution - FinTecBuzz

IVIX closes $12.5 Mn Series A Funding Round led by Insight Partners

August 7, 20237 min

IVIX raised a $12.5M Series A round led by Insight Partners with participation from Team8, Citi Ventures, and Cardumen Capital. IVIX’s innovative AI-powered technology helps tax authorities in the U.S., Europe and Asia identify large-scale tax evasion, money laundering and other financial crimes. This investment will support IVIX in increasing its R&D team and global expansion plans. Today, IVIX, the first AI-powered platform designed to help governments address pervasive financial crimes and tax evasion at scale, announced the successful closing of a $12.5M Series...

by PRNewswire

Direct Lending

Informed.IQ launched an industry-changing product, Skip the Stip™

July 24, 20236 min

Informed.IQ, a leading provider of AI software that verifies, streamlines, and optimizes loan processing, announced the launch of an industry-changing product, Skip the Stip™, a non-documentary validation tool for full spectrum and sub-prime auto lenders. Skip the Stip is an AI-powered solution that harnesses the power of data analytics. By integrating Informed’s comprehensive database with advanced machine learning algorithms, we accurately assess risk, streamline loan approval processes, and improve decision-making. This innovative solution will transform...