At Finexos, we utilise advanced AI solutions that deliver fast, real-time assessments to support credit unions. We help empower financial inclusion and unlock credit for a large untapped market. Working closely with credit unions, we help enhance decision-making accuracy, uncover cost saving opportunities and provide advanced analytics that drive confident, fair lending for every member. Discover the potential of advanced AI for credit unions.
Our advanced AI solutions help credit unions by providing insights into a potential borrower’s financial standing. The integration of AI software improves overall time management by reducing reliance on manual checks and lengthy reports.
Finexos integrates with live data sources to assess a borrower’s current financial health by analysing more than just traditional credit reports. It reviews different aspects such as income, spending behaviour and financial obligations to deliver a more accurate assessment of their ability to manage loan repayments. Finexos helps credit unions by offering quick and valuable insight through an advanced AI credit risk decision engine, which helps improve borrower assessments, saves time and enhances the lending process.
Accurately assess repayment capability with our AI-powered affordability analysis.
Get a granular snapshot of the quality of your loan book in real time with our Portfolio Analysis.
Detect early signs of financial distress and potential default in real time with our ongoing monitoring solution.
Credit unions can directly benefit from instant assessments, improved decision-making and streamlined processes provided by our AI-powered risk engine. Real-time data and automated decisioning allow for quicker assessments of loan applications, which is advantageous for credit unions as it takes the hassle out of reviewing documents.
AI can also help credit unions gain access to more borrowers by safely lending to a wider base of potential members, including those who have been unable to gain access to fair credit due to a lack of credit history or irregular income. By using behavioural data rather than credit scores, credit unions can make fairer, more informed decisions.
Advanced AI solutions equip credit unions with the tools to grow by making the lending process faster and more efficient. It streamlines everything from application to approval, benefiting both credit unions and their members.
Our analysis model provides a more accurate picture of affordability, ensuring SMEs can maintain their operations while repaying loans.
Transactional and real-time data can determine whether borrowers can maintain their quality of life while repaying loans.
Finexos has developed an end-to-end platform that enhances credit
decision-making across various financial lending sectors.
Up to
25%
Reduction in Default Rate
More inclusive lending, based on our financial capability metrics, unlocks entirely new markets whilst reducing overall risk exposure through the use of our advanced AI and behavioural analytics. Finexos enables lenders and credit decision engines to safely include more borrowers, even those with thin or no credit files and without the need for borrower PII or credit scores.
Our mission is to promote fair, non-discriminatory credit access to those who need it.
Our advanced AI solutions identify key patterns to improve risk profiling, which assists credit unions in being able to detect signs of financial distress. By using real-time data, Finexos enables earlier intervention and supports reduced default rates.
Our AI credit decisioning software also analyses live financial data to help determine interest rates that are affordable for the borrower. This not only helps reduce losses but also promotes fairer pricing and supports compliance with responsible lending regulations. With real-time financial monitoring, smarter decision-making and enhanced risk profiling, Finexos can strengthen lending outcomes for credit unions.
With AI improving time management, credit unions have the capability of assessing more clients and speeding up the approval process. This enhances the experience of members and frees up much-needed time for staff to focus on other areas of financial support. At Finexos, we take the hassle out of credit lending to support businesses and promote financial inclusion.
Finexos technology and sustainability-focused methodology provides a more robust assessment of a borrower’s ability to meet repayments, and to do so comfortably.
More accurate affordability assessments mean loans are granted more responsibly and sustainably.
When calculating affordability assessments, Finexos uses zero PII. By anonymising the process, the traits of a customer that have traditionally led to potential bias such as gender, race or postcode are eliminated.
Sustainability-focused affordability assessments are based on each applicant’s individual circumstances and behaviour to deliver more granular and accurate results.
Sustainable Affordability Assessments are embedded into existing decisioning workflows without disruption and do not require system overhauls.
At Endava, we are delighted to announce our partnership with Finexos, demonstrating our ongoing commitment to financial inclusion. This relationship authentically aligns with our core values, using technology and democratising access to financial instruments. Giving individuals and communities the ability to access fair, consistent next-gen real-time credit scoring. Empowering economic growth and stimulus.
Matthew Williamson
SVP & Industry Principal
The Finexos experience has been nothing short of outstanding. Their solution has not only improved our decision-making accuracy by a whopping 267% but has also allowed us to identify cost savings in our operations and save valuable balance sheet capital.
The actionable perspectives provided by Finexos have opened up new doors and revenue streams in our future plans, promising a significant and lasting impact on the trajectory of our organization. I cannot recommend Finexos highly enough.
Dan Ware
CEO
Open Banking is transforming the access to credit. Using some of the industry’s best technology, Finexos are leading the way and setting a high benchmark. An absolutely wonderful challenge for us all to step up to given the positive impact this will have on lender’s, borrower’s and society as a whole. Value driven and with a massive social conscience, the Finexos team are on a mission to unlock the huge wealth of possibilities for a fairer, more inclusive world. We’re proud to work alongside such an inspired team.
Helen Child
Founder & CEO
Contact us to request a demo and see our test data in action, or ask us any questions you may have. Our expert team is available to assist you with any enquiries. Schedule a meeting or send an email to enquire@finexos.io and one of our team will be in touch. Discover all the ways advanced AI for credit unions can improve lending decisions, reduce default risk and transform the approval process.
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