FinovateFall 2023 / Ocrolus
Presenter Profile:
How they describe themselves: Ocrolus is an AI-driven document automation platform that powers the digital lending ecosystem, optimizing credit decisions in small business, mortgage, and consumer lending. Ocrolus enables financial services companies like Brex, Cross Country Mortgage, Enova, PayPal, and SoFi to make high-quality decisions with trusted data. By empowering lenders to automate financial analysis, we help borrowers access credit faster and on better terms.
How they describe their product/innovation: In this demo you’ll discover how a lender would use Ocrolus’ full suite of capabilities end-to-end in an optimal way to be “the best SMB lender ever”. Elements of the demo include borrower submission of documentation and connection of digital banking data, instant qualification, and disqualification of high risk applications, highly-accurate document capture data, fraud detection, detailed cash flow analytics insights, and connection of digital accounts for ongoing monitoring and risk management.
Product distribution strategy: Direct to Business (B2B), Through financial institutions, Through other fintech companies and platforms
Contacts:
Bus. Dev.: Ian Grace (VP of Sales), igrace@ocrolus.com
Press: Rana Akkaya-Meier (Director of Brand & Content), rmeier@ocrolus.com