Micronotes launched Prescreen Purchase, a instrument to assist neighborhood monetary establishments attain and purchase new prospects.
Prescreen Purchase’s algorithms leverage huge knowledge to seek out creditworthy prospects 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 prospects and members.
The brand new expertise supplies FCRA-compliant credit score gives which can be customized to prospects’ monetary wants. To give you essentially the most related gives, Prescreen Purchase leverages 230 million client credit score data, pulling credit score, e mail, and unsolicited mail knowledge and supply knowledge.
The platform combines this huge knowledge set with the CFI’s underwriting standards, fee sheets, and the geographical area they wish to goal. Prescreen Purchase’s algorithms are ready to make use of this info to amass new, creditworthy prospects that CFIs need to attain.
Boston-based Micronotes was based in 2008 and is privately held. The corporate’s applied sciences leverage AI, huge knowledge, and machine studying to assist monetary establishments use their knowledge to raised have interaction their prospects, foster involvement, and finally construct new income.
Micronotes’ different merchandise embody Cross-Promote, which helps CFIs leverage bank-held knowledge to cross-sell new merchandise utilizing micro-interviews, and Digital Prescreen, which delivers customized credit score gives to prospects 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 Sequence C extension it closed final month. Devon Kinkead is Founder and CEO.
Photograph by Andrea Piacquadio
