Numerated Lands Strategic Investment from Citi
Prominent Boston fintech firm Numerated has recieved a strategic investment from Citi to enhance its offering of AI-driven financial analysis for commercial lending.
The Savings Bank Announces New Business Lending Platform
The Savings Bank recently announced the expansion of its banking services through TSB Business Direct, a digital lending platform for small local businesses.
Expecting Growth, Numerated Moves to a Bigger Boston Office
Fintech firm Numerated is moving to a larger office in downtown Boston, expecting more growth in commercial lending at the banks and credit unions it helps underwrite business loans.
Numerated Acquires Fintech to Improve Underwriting Process
Boston-based Numerated, a financial technology company that provides a business loan origination platform for banks and credit unions, has acquired another local fintech that the company said would help reduce work for lenders using the platform.
Pandemic’s Demands Reshape How Lenders Adopt Tech
Once a slow, even multi-year process, the speed at which financial institutions adopt new technology could be changing thanks to the tumultuous events of the last six months.
Alternative Lenders Seek Larger Role in COVID-19 Response
With the coronavirus crisis shutting down thousands of small businesses and driving unemployment to new heights, fintech lenders argue they will have a key role in trying to revive this critical segment of the economy once the immediate public health crisis is over.
Banks Face Familiar Obstacles to Evolve Small Business Lending
Small businesses often turn to community banks for business needs because of the relationships developed with bankers. But customers have come to expect even from their local bank the same conveniences made commonplace with technology.
Numerated Launches Expanded Digital Business Banking Platform
Boston-based fintech Numerated has expanded its platform to support banks’ business banking products, with People’s United Bank as a launch customer.
Fintech Numerated Raises $15M in Series B Funding Round
Boston-based fintech Numerated has raised another $15 million in venture capital funds and added Pennsylvania-based Patriot Financial Partners as an investor.
Turning Fintech Into Real Relationships
The Boston fintech firm Numerated spun out of Eastern Bank two years ago, boasting it could approve business loans of up to $100,000 in five minutes. The genius behind Numerated is Founder and CEO Dan O’Malley, who first created the company inside Eastern Bank.
Numerated, Twine Receive National Awards
The Boston fintech firms Numerated and Twine have received national recognition.
Former SBA Administrator to Join Fintech Firm Numerated
The former head of the U.S. Small Business Administration is joining the Boston fintech firm Numerated.
Fintechs Team Up to Provide Services to Massachusetts Banks
Two fintechs that are teaming up to provide digital lending solutions to small to medium-sized businesses have landed partnerships with two banks with a significant presence in Massachusetts.
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