Swipe Credit provides financial institutions with an AI-native automation platform to enhance lending processes and improve financial outcomes. The solution streamlines loan application packaging and underwriting while offering strategic readiness scoring to maximize approval rates. This technology accelerates revenue growth for lenders by delivering advanced pipeline analytics and actionable customer insights.
Funding
$240K 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.
GFFounders
Product
Problem
Small business lenders face challenges in efficiently assessing loan applicant readiness and streamlining underwriting processes, leading to increased operational costs and potentially missed opportunities. Traditional lending practices often lack real-time insights and analytics, hindering lenders' ability to quickly identify qualified applicants and make informed decisions. This can result in slower approval rates and reduced revenue growth.
Solution
Swipe Credit offers an AI-powered intelligence platform designed to enhance the loan qualification process for small business lenders. The platform provides real-time insights and analytics, enabling lenders to improve applicant readiness and streamline underwriting workflows. By leveraging AI, Swipe Credit helps lenders expand their pool of eligible applicants, increase approval rates, and drive predictable revenue growth. The platform integrates with existing core systems to ensure optimal efficiency and a smoother workflow, empowering lenders to make data-driven decisions and strengthen customer relationships.
Target Audience
Swipe Credit primarily targets small business lenders seeking predictable revenue growth and increased efficiency in their loan qualification and underwriting processes.
Features
- AI-powered platform for increased revenue through improved loan qualification
- Strategic readiness scoring to maximize loan approval rates
- Advanced analytics and an intuitive lender dashboard to accelerate revenue growth and underwriting efficiency
- AI-driven insights into customer cash flows and transaction histories
- Automated loan application process with guided packaging to reduce errors and omissions
- Integration with existing core systems via API or pre-built plugins
- Data encryption with 256-bit TLS encryption and adherence to GDPR, SOC2, and CCPA requirements