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AfinClic Financial Technologies, Inc. raises $10 million for its AI Lending Platform, AfinLoans, to support borrowers without credit files. The company will present its approach at the DCNY Summit in Washington, D.C.
AfinClic Financial Technologies, Inc. has successfully raised $10 million to deploy $4 million across 1,000 loans for borrowers lacking a credit file. The funds will support its AI-driven platform aimed at financial inclusion. On September 16, the company will showcase its innovative approach at the U.S
Company Information
Company
AfinClic Financial Technologies
Location
Sunnyvale, California, United States
About
AfinLoans is an AI-based lending platform designed specifically for the self-employed, helping borrowers with no credit file access loans. The platform utilizes frontier AI to underwrite these borrowers based on their earnings and their intended purchases. The company is committed to financial inclusion, providing opportunities for those who traditionally lack credit history.
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SunnyvaleFinancial ServicesArtificial IntelligenceFintechLending