Ascent provides a unified data foundation that connects disparate systems across financial institutions to create a single, comprehensive view of every customer. This platform powers intelligent execution layers for core banking workflows such as account openings, lending, and treasury onboarding. By transforming fragmented data into connected knowledge, Ascent enables AI-driven insights and automates work processes to improve efficiency and decision-making.
Funding
$5.3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Financial institutions often struggle with fragmented customer experiences and lengthy deployment times when implementing new fintech solutions for product applications and forms. Traditional approaches can disrupt existing systems and workflows, leading to inefficiencies and increased costs.
Solution
Ascent provides a Point-of-Sale (POS) platform designed to streamline and simplify product applications and forms for credit unions and community banks. The platform utilizes a no-code builder and prefilled data from third-party sources, such as QuickBooks, Experian, IRS, and Plaid, to create a consistent experience across all digital touchpoints. Ascent automates workflows, enhances data collection, and automates decisioning, enabling institutions to modernize their processes without disrupting existing systems. The platform's intelligent forms adapt to each user, providing a personalized experience and optimizing offerings based on user behavior and preferences.
Target Audience
Ascent primarily targets credit unions and community banks seeking to modernize their product application processes and improve customer experience.
Features
- No-code builder with pre-built templates for rapid deployment across various applications and forms
- Prefilled data capabilities using integrations with third-party sources (QuickBooks, Experian, IRS, Plaid)
- Intelligent forms that adapt to each user, creating a personalized experience
- Automated data collection tools for seamless document uploads and data refreshing
- Dynamic criteria for automated decisioning, pre-qualification, and auto-scoring
- Data streams and feeds for real-time monitoring and proactive customer support
- Customizable components for developing any application, form, or document
- Integration with existing core systems and LOSs