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Automotive lending platform GoFi taps Provenir for credit risk decisioning | Fintech InShorts: Latest fintech news, analysis by experts
Monday, December 23, 2024

Automotive lending platform GoFi taps Provenir for credit risk decisioning

GoFi, a US consumer automotive financing provider, has partnered with London-based risk decisioning software provider Provenir to enhance its credit risk assessment in the loan approval process.

Facts

  • GoFi is an AI-centric, digital-first lending platform offering auto-decisioned responses to customers seeking car loans.
  • GoFi selected and implemented Provenir’s Data and Decisioning Platform to support its services.
  • The platform provides various functions, including universal data access, embedded analytics, and advanced decisioning technology.
  • GoFi chose the platform for its flexibility and customization options, allowing integration with different platforms.
  • Daniel Garland, senior director of GoFi, highlights that their business users could implement a fully customisable solution for their needs.
  • Kathy Stares, EVP of North America for Provenir, states that the data and decisioning capabilities enable GoFi to respond to market changes in real-time and make smarter decisions.

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