This post is part of our live coverage of FinovateSpring 2014.
Our next presenter is defi SOLUTIONS, an innovator in the field of auto lending.
defi SOLUTIONS is taking auto lending to the next level with the industry’s first fully configurable LOS that can launch within days, not months. defi SOLUTIONS has introduced an intuitive, web-based system that provides lenders the ability to choose the functionality that is right for their company without costly development time. Lenders are able to instantly make changes to the defi system to meet changing market demands.
Presenting: Stephanie Alsbrooks (CEO & Founder) and Chris Holt (Senior Engineer, Automation)
Product Launch: August 2012
Metrics: defi SOLUTIONS launched its initial product in 2012 and has positive cash flow with approximate annual revenue of $1.7M for 2013. We have 15 employees, just hired 2 more, and have 5 more openings.
Product distribution strategy: Direct to Business (B2B)
HQ: Grapevine, TX
Founded: February 2012
Website: defiSOLUTIONS.com
Twitter: @defiSOLUTIONS