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Point Predictive completes Series B growth financing

San Diego based provider of machine learning solutions to lenders raised an undisclosed amount of Series B funding led by Napier Park Financial Partners.

“We believe Point Predictive is poised to transform the lending industry with their unique brand of Artificial and Natural Intelligence technology and their powerful proprietary consortium data,” said Steven Piaker, Partner at Napier Park. “As fraud continues to grow globally, the team at Point Predictive has figured out a way to power more trust in lending by informing lenders which consumers and loan actors they can trust, and which they cannot. We were impressed with their ability to apply their technology across multiple lending industries – auto, mortgage, and fintech – and are excited to participate in Point Predictive’s future growth.”

Tags

lending, ai, ml