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Micronotes launched Prescreen Purchase, a device to assist group monetary establishments attain and purchase new clients.
Prescreen Purchase’s algorithms leverage massive information to search out creditworthy clients in geographical areas lenders are searching for to succeed in.
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 group monetary establishments (CFIs) purchase new clients and members.
The brand new know-how gives FCRA-compliant credit score gives which can be personalised to clients’ monetary wants. To give you probably the most related gives, Prescreen Purchase leverages 230 million shopper credit score information, pulling credit score, e-mail, and unsolicited mail information and supply information.
The platform combines this massive information set with the CFI’s underwriting standards, charge sheets, and the geographical area they need to goal. Prescreen Purchase’s algorithms are in a position to make use of this data to amass 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, massive 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 gives 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.
Photograph by Andrea Piacquadio
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