Zest AI Secures Investment From Insight Partners To Accelerate Adoption Of Fairer And More Transparent Credit Underwriting Software Across Enterprise-Grade Lending Operations
Oct 20, 2020•over 4 years ago
Description
Zest AI, a leader in software for credit underwriting, today announced a $15M capital injection from Insight Partners, a leading global software investor. The funds will be used to accelerate the adoption of Zest's Model Management System for creating and deploying powerful, explainable, and compliant AI-based credit underwriting models. The investment will also fund Zest's efforts to drive more rigorous technologies and standards around algorithmic fairness, with the goal of de-biasing the consumer lending industry.
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