Today we celebrate the men and women in this category who dedicate themselves to maximizing profitability for banks and lenders alike. In this category, you will see individuals consulting for fintech and banks to launch new products. You will also find fintech companies in specialized underwriting areas such as cashflow underwriting. 

LendAPI works with these teams to help our common clients to set risk rules, decisioning strategy, and implementing models. These folks are familiar with our platform and if you are interested, please contact them and get them to help you navigate through our decision engine, rules studio and model studio.

These risk management professionals leverage first party and third party data to help lenders on our platform to implement rules, models and strategies to help our lenders grow.

To celebrate these consulting firms and companies, here’s a detailed description of their product and services.

1. Pave.dev

Pave.dev empowers consumer and small-to-medium business (SMB) credit risk teams by providing AI-powered cashflow analytics. Their platform translates various data sources—including bank transactions, credit reports, and loan performance data—into cashflow-driven attributes and scores. This enables lenders to assess affordability, reduce defaults, and increase approvals across various credit products such as cash advances, personal loans, and credit cards. Pave's models are trained on diverse data from over 20 million borrowers, helping lenders identify and approve healthy, overlooked applicants, thereby driving growth and expanding their reach.

2. Finexos.io

Finexos.io is a financial technology company that offers solutions for financial institutions and businesses to optimize their operations. Their services include advanced analytics, risk management, and compliance tools designed to enhance decision-making processes and improve overall financial performance.

3. Pelagic Partners

Pelagic Partners specializes in navigating complex risk and analytics landscapes using machine learning, data science, and custom software development. They help businesses model and manage uncertain and dynamic environments, offering solutions that focus on risk terrain modeling, credit scoring, and data-driven insights. With a strong focus on automation and security testing, Pelagic Partners supports organizations in making informed decisions amidst market uncertainty. Their expertise is invaluable for businesses needing to assess known and unknown risks in their operations.

4. Stratyfy

Stratyfy is a technology company that develops AI-driven solutions for risk management and decision-making. Their platform enables businesses to interpret complex data, assess risks, and make informed decisions, thereby enhancing operational efficiency and reducing potential losses.

5. Fairplay.ai

Fairplay.ai is a company dedicated to promoting fairness and transparency in algorithmic decision-making. They provide tools and frameworks that help organizations detect and mitigate biases in their AI systems, ensuring ethical and equitable outcomes across various applications.

6. Decision Sciences

Decision Science is a cutting-edge technology firm specializing in AI solutions tailored for the financial sector. They offer bespoke AI models designed to address specific business needs, such as improving client conversions, managing lending risks, and optimizing underwriting decisions. With a strong foundation in marketing, finance, and technology, Decision Science delivers innovative, data-driven solutions that help businesses navigate complex financial landscapes. Their mission is to empower businesses to leverage AI to transform challenges into opportunities.

7. Phenx.io

Phenx Machine Learning Technologies specializes in providing custom AI solutions aimed at transforming business operations. Their services include private generative AI, custom AI/ML solutions for finance, dynamic pricing solutions, AI-powered forecasting, and GPT applications for enterprise. Phenx focuses on boosting efficiency, driving innovation, and maximizing return on investment for their clients.

8. Digital Matrix Systems (DMS.net)

Digital Matrix Systems (DMS) has been enhancing business performance through data and analytics since 1982. They provide financial institutions and insurers with data-driven insights, risk management tools, advanced analytics, and compliance solutions to stay competitive. DMS offers seamless access to credit bureaus and alternative data sources, ensuring clients have the right information when it matters most.

9. Chargeback Gurus

Chargeback Gurus specializes in chargeback prevention and revenue recovery solutions. They offer services such as prevention alerts, representment, and analytics to help businesses reduce chargebacks and recover lost revenue. Their innovative technology platform provides advanced analytics and data-driven insights to identify the true causes of chargebacks.

10. OGMA Risk and Analytics

OGMA Risk and Analytics provides customized risk management and analytic consulting services. They offer expertise in areas such as risk and analytic environment assessment, cash flow data and underwriting, custom score development, and fairness testing and review. OGMA aims to improve clients' risk and analytics environments by leveraging decades of experience.

11. Edge Focus Partners

Edge Focus Partners is a financial technology firm powered by machine learning and AI technology, built by capital markets investors. They specialize in accurate credit risk pricing supported by over 100 billion data points. Edge Focus is committed to socially responsible lending practices and believes in equitable access to capital that is priced fairly and free from bias.

12. EntityVector.com

EntityVector.com is a company that focuses on natural language processing and machine learning technologies. They provide solutions for understanding and processing large volumes of textual data, enabling businesses to extract meaningful insights and improve their decision-making processes.

We thank and celebrate these members in our risk management and risk modeling category. Please contact them directly and learn more about their product and services.

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