Fintech Lending News

New Dawn for SMB Credit Lenders with Uplinq Launch

New Dawn for SMB Credit Lenders with Uplinq Launch

Transformational small business data provider, Uplinq Financial Technologies (Uplinq), has now fully launched its service to customers and sales partners worldwide. The Toronto based startup promises to revolutionize the credit evaluation process for small business lenders through its innovative technology

Following an extended period of planning, Uplinq has now fully launched its innovative service to the market. The company’s solution is the first, global credit assessment platform designed to provide small and medium sized business (SMB) lenders with greater confidence to make decisions. The system analyses billions of unique and validated data signals, which go beyond traditional credit indicators, to help SMB lenders make the most accurate decisions possible.

With Uplinq’s platform, lenders can gain deep insights on all new credit applicants, as well as SMBs within their existing portfolio, whilst also being empowered to better support the underserved, unbanked, minority and immigrant small business owner.

Latest Fintech News: Envoy Mortgage Expands Northeast Operations To Manhattan, New York

Uplinq’s launch has been bolstered by its recent intellectual property (IP) acquisition of Verde International’s AI engine. The acquired technology has served as a foundational component for the underwriting of over $1.4 trillion in loans over the past 15 years. These loan originations have amassed billions of data points, which have been scientifically tested and validated by local regulators and now provide Uplinq with a deep knowledge of local small business key risk and performance indicators.

PREDICTIONS SERIES BANNER

Uplinq is launching with CEO and Founder, Ron Benegbi at its helm. With over 25 years of experience as a senior technology executive, Ron understands the potential for new innovations to revolutionize traditional financial processes. He will be supported by the company’s Co-Founder, Pat Reily, a credit lending expert with over 30 years’ experience in senior positions within the financial services sector. They will be joined by several other experienced technology and financial services professionals working in the company’s senior roles.

Latest Fintech News: NEXTYPE Lists NT Token On Huobi Global, Supporting Mission To Expand Blockchain Gaming’s Global Reach

Speaking about the launch, Ron Benegbi, Founder and CEO of Uplinq commented: “This is an exciting day for Uplinq and for SMB lenders across the globe. Uplinq is the first platform of its kind in the market. We are going to provide lenders with the confidence they need to make the most accurate lending decisions possible. Our goal is to make an impact in the lives of millions of families in both underserved and served communities all over the world.”

Latest Fintech News: AXIS Announces Leadership Transition Within Insurance Segment

Related posts

Trulioo 24/7 Support Empowers Top APAC Region Companies to Expand Into New Markets, Achieve Compliance and Accelerate Customer Onboarding

Business Wire

Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights

Fintech Staff Writer

Servus Credit Union Announces Acquisition of Stride Bolstering Commercial Equipment Leasing Business Within Canada

GlobeNewswire
1