Altis provides a complete embedded lending infrastructure, enabling businesses to integrate credit services directly into their sales journeys. The platform handles credit origination, rapid approval via AI-powered underwriting, and ongoing portfolio management, including servicing and cross-selling. This solution allows partners to increase margins through shared interest revenue while offering customers seamless financing experiences like BNPL.
Funding
Funding not disclosed
Founders
Product
Problem
Many businesses struggle to offer personalized financial services to their customers, leading to missed revenue opportunities and decreased customer retention. Traditional lending processes can be cumbersome and risky, hindering businesses from providing tailored credit solutions.
Solution
Altis provides a credit-as-a-service platform that enables businesses to offer embedded lending solutions directly to their customers. By leveraging alternative data and customizable credit policies, Altis enhances loan approval rates and facilitates personalized financial services. The platform allows businesses to control the end-to-end credit experience, improve customer retention through tailored offers, and generate new revenue streams while effectively managing risk. Altis handles the complexities of financial operations, allowing businesses to focus on their core activities while expanding their service offerings.
Target Audience
Altis primarily targets businesses across various sectors looking to offer personalized lending products to their customers, including retailers, dealerships, and other service providers.
Features
- Customizable credit policies and pricing to align with specific customer profiles
- Integration with existing business systems via API for seamless embedded lending
- Alternative data utilization to enhance loan approval rates
- Fraud prevention and KYC (Know Your Customer) processes
- Automated credit engine for origination and risk assessment
- White-label solution to maintain brand consistency
- Loan servicing and asset management capabilities
- Bancarization of receivables