- Micronotes launched Prescreen Purchase, a software to assist neighborhood monetary establishments attain and purchase new clients.
- Prescreen Purchase’s algorithms leverage huge information to seek out creditworthy clients in geographical areas lenders are searching for to achieve.
- Prescreen Purchase is added to Micronotes’ different merchandise, together with Cross-Promote, and Digital Prescreen.
Digital engagement options supplier Micronotes has launched Prescreen Purchase, a platform to assist neighborhood monetary establishments (CFIs) purchase new clients and members.
The brand new expertise supplies FCRA-compliant credit score provides which might be personalised to clients’ monetary wants. To provide you with probably the most related provides, Prescreen Purchase leverages 230 million shopper credit score data, pulling credit score, e mail, and unsolicited mail information and supply information.
The platform combines this huge information set with the CFI’s underwriting standards, fee sheets, and the geographical area they need to goal. Prescreen Purchase’s algorithms are ready to make use of this info to accumulate new, creditworthy clients that CFIs want to attain.
Boston-based Micronotes was based in 2008 and is privately held. The corporate’s applied sciences leverage AI, huge information, and machine studying to assist monetary establishments use their information to higher interact their clients, foster involvement, and finally construct new income.
Micronotes’ different merchandise embrace Cross-Promote, which helps CFIs leverage bank-held information to cross-sell new merchandise utilizing micro-interviews, and Digital Prescreen, which delivers personalised credit score provides to clients who maintain debt at a competing establishment.
Based in 2008, the corporate has raised a complete of $23.3 million, together with a $2 million Collection C extension it closed final month. Devon Kinkead is Founder and CEO.
Picture by Andrea Piacquadio