Final month, credit score danger decisioning agency Provenir introduced robust income and customer-base progress in 2022.
The worldwide agency, whose US headquarters are situated in Parsippany, NJ, mentioned in a launch on Feb. 14 it grew its income by 35 % final 12 months whereas growing the variety of prospects by 24 %.
In 2022, Provenir launched its AI-powered information and danger decisioning platform, which delivers a mix of information, decisioning, and AI for extra correct danger selections throughout identification, credit score, and fraud.
New international prospects for Provenir’s danger decisioning software program final 12 months embrace AMU Leasing, AutoChek, Davivienda, DeltaPay, Investree, Provu, Fast Finans, Topi, and Varo.
“Our outcomes, regardless of unsure financial circumstances globally, underscore that fintechs and monetary providers suppliers want a versatile platform that may present deep insights immediately,” Larry Smith, Provenir’s founder and chief govt officer, mentioned in a media launch.
“These organizations that may leverage extra information sources and use AI to check and deploy new methods rapidly will be capable to serve their prospects higher, detect fraud, and seize new market share.”
Different 2022 highlights for credit score danger agency
- Provenir expanded its workforce worldwide, including employees in key markets, together with Latin America, Africa, the Center East, Europe, Canada, and India, with enlargement into a number of nations in Southeast Asia and South America. It additionally added a brand new operations and know-how hub in India.
- The agency received Finest Credit score Threat Answer for the second 12 months at November’s Credit score & Collections Know-how Awards. It additionally received the Knowledge Answer of the Yr for Finance on the Knowledge Breakthrough Awards, was awarded gold for the Juniper Analysis Future Digital Awards for Fintech & Funds, and was named to the Credit score & Collections Know-how Energy Checklist of High 20 Firms in 2022.
- Provenir Market labeled a complete fintech information and intelligence ecosystem, expanded to greater than 100 information companions, attaining 57 % progress.
- Provenir established new partnerships with international gamers, together with TransUnion and Visa. Via the TransUnion Strategic Alliance Distribution Program, TransUnion’s purchasers can use Provenir’s platform for deeper information insights. As a part of Visa’s Prepared for BNPL program, Provenir offers purchasers providing Purchase Now Pay Later providers deeper insights to make higher selections.
- The agency additionally established Provenir Brazil, its fifth international entity, and gained ISO/IEC 27001 and Helios certifications, each globally acknowledged info safety requirements.
