Popkorn Fintech Selects Scienaptic’s AI-Driven Credit Decisioning Platform to Improve Auto Loans
New York [US]/Bangalore (Karnataka) [India]February 25 (ANI/India PR Distribution): Leading global AI-powered credit decision platform provider Scienaptic AI today announced that Popkorn Fintech has selected its platform to sharpen its lending decisions. Popkorn Fintech will use Scienaptic’s platform for instant decision and credit allocation.
Popkorn Fintech is a smart car loan platform. It is a multi-lender approval platform where customers can apply for multiple car loans at multiple banks without affecting their credit scores. Popkorn engages customers and gives the city’s best advice on car loans.
Popkorn Fintech empowers retailers and banks while removing friction from the lending process. The platform offers instant, paperless, multi-bank approval to offer a world-class borrower experience. Consumers can compare interest rates and loan offers across financiers and apply for loans in the same place. Popkorn Fintech helps you choose the best loan for various consumer needs. The Popkorn platform is free for consumers. Popkorn Fintech aims to put AI-powered technology in the hands of front-line sales professionals at car dealerships to close consumer loan claims along with vehicle completion at the touch of a button, while reducing costs.
“Instant credit access is one of the biggest factors driving car sales in India. Our mission is not only to help car sellers close their customers faster, but also to help aspiring buyers get their dream car. We provide a platform to consumers. to compare and finalize car loans that best suit their needs. We are partnering with Scienaptic to improve our lending decisions. The platform will allow us to make immediate decisions and gain the flexibility to test, monitor and implement our policies, scale with the company’s growth, and offer a seamless experience to our customers.” said Apoorv Goyal, co-founder of Popkorn Fintech.
Similarly, Joydip Gupta, APAC Head of Scienaptic said, “We are very excited to help Popkorn Fintech create a seamless auto lending experience. Our AI-powered credit decision platform will enable speed to market, greater automation and better decisions while minimizing risk . . .
Scienaptic AI’s mission is to increase credit availability worldwide by transforming the technology used in credit decisions. NBFCs, banks and fintechs use Scienaptic’s AI native credit decision platform to continuously improve the quality and speed of their underwriting decisions.
The platform enables FIs to reach more borrowers, including underbanked and underserved individuals, and say “yes” more often without increasing risk. It democratizes automated AI-powered lending while meeting all regulatory requirements, including fair lending and explainable adverse actions. Scienaptic-enabled lenders have processed more than 300 million transactions, benefiting millions of borrowers. For more information, visit (http://www.scienaptic.ai)
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