Aurôra provides an automated loan origination system that streamlines the processes of application, scoring, decisioning, and documentation, enabling lenders to complete transactions in minutes. By integrating with existing systems and offering intuitive partner and customer portals, Aurôra enhances operational efficiency and improves data management for over 150 lenders.
Funding
Funding not disclosed
Founders
Product
Problem
Traditional loan origination processes often involve manual tasks and disconnected workflows, leading to inefficiencies and delays in funding. Lenders face challenges in managing data across multiple systems and providing seamless experiences for partners and customers.
Solution
Aurôra is a loan origination system designed to streamline and automate the lending process, from application to funding. The platform offers an end-to-end solution that automates scoring, decisioning, and documentation, enabling lenders to expedite transactions. Aurôra also provides partner and customer portals that integrate with existing LOS, providing self-service capabilities, enhancing vendor experiences, and improving overall operational efficiency. The system's embeddable components and APIs facilitate integration with partner websites, enabling embedded finance solutions and expanding reach.
Target Audience
The primary target audience includes lenders in the equipment finance industry seeking to automate and streamline their loan origination processes, as well as vendors and brokers looking for a more efficient way to submit applications and manage customer relationships.
Features
- Automated loan origination workflow, from application to funding
- Automated scoring, decisioning, and documentation
- Partner portal for vendors, brokers, and customers with self-service capabilities
- Customer portal to manage the full customer and asset lifecycle
- Integration with existing LOS and core systems
- Embeddable components and APIs for integration with partner websites
- OCR application creation
- AI-powered authentication
- Salesforce app integrations