- Micronotes launched Prescreen Purchase, a software to assist neighborhood monetary establishments attain and purchase new prospects.
- Prescreen Purchase’s algorithms leverage massive knowledge to search out creditworthy prospects in geographical areas lenders are searching for to succeed in.
- 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 know-how gives FCRA-compliant credit score gives which are customized to prospects’ monetary wants. To provide you with probably the most related gives, Prescreen Purchase leverages 230 million shopper credit score information, pulling credit score, e mail, and unsolicited mail knowledge and supply knowledge.
The platform combines this massive knowledge set with the CFI’s underwriting standards, fee sheets, and the geographical area they wish to goal. Prescreen Purchase’s algorithms are in a position to make use of this data to accumulate new, creditworthy prospects that CFIs wish to attain.
Boston-based Micronotes was based in 2008 and is privately held. The corporate’s applied sciences leverage AI, massive knowledge, and machine studying to assist monetary establishments use their knowledge to higher interact their prospects, foster involvement, and in the end 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.
Picture by Andrea Piacquadio
