Numerated secured a strategic investment from Citi to enhance its AI-driven financial analysis for commercial lending.
Numerated secured a strategic investment from Citi to enhance its AI-driven financial analysis for commercial lending.
06/20/24, 11:52 AM
Location
bostonIndustry
lending
fintech
finance
saas
financial services
Investors
Citi
Numerated announced a strategic investment from Citi, which will also engage Numerated to provide its financial spreading solution for the bank’s enterprise lending operations. The investment underscores Citi's dedication to driving innovation on a global scale.
Company Info
Location
boston, massachusetts, united states
Additional Info
Numerated is the fast-growing fintech making business lending easy and profitable. Banks and credit unions leverage Numerated’s digital lending platform to meet business expectations and demand for digital convenience and to bring efficiency gains to their internal teams. The platform is unique in its use of data to streamline the origination of any business banking product, from application to decision to close. More than 400,000 businesses and 30,000 financial institution associates have used Numerated to process $50 billion in lending.