Fintech Linear lists improvements in equity, efficiency With new research finding racial disparities in small business lending, one fintech is examining how artificial intelligence (AI) and automation can help improve fairness and reduce inefficiency that may be present in traditional lending processes. Bank Automation News spoke with Sandip Nayak, chief strategy and artificial intelligence officer …
Brian Geary, President of Linear Financial Technologies, the market leader in digital account origination technology and insights for financial institutions, B2B vendors, and SMB service providers. Linear is a market leading platform in SMB digital lending infrastructure with deeply integrated relationships with clients rapidly working with banks across the country to help expedite the loan …
The small business lending arena saw a flash of innovation towards the latter end of the aughts, fueled by a pullback from big bank lenders in the wake of the financial crisis. The B2B FinTech boom led to a wave of both competition and collaboration, creating new avenues to connect businesses to capital. Today, it …
In this episode the host John Siracusa chats remotely with Sam Graziano, Co-founder & CEO at Linear Financial Technologies. Linear Financial Technologies is a digital account origination and insights platform serving business banking and adjacent markets. The company serves a wide range of industry verticals such as financial institutions, B2B vendors, and SMB service providers through the brand names Linear, …
The nearly $750 million in Paycheck Protection Program loans disbursed over the last year provided an essential lifeline to millions of businesses and delivered an enormous benefit to the economy by preserving economic stability within the small business sector – the segment of our economy that employs more Americans than any other. This enormous infusion of capital into small businesses …
Fundation and ODX were in talks to merge for over a year, Linear and past Fundation CEO Sam Graziano said. Then covid changed plans, but by mid-summer talks were back on. There was recognition by the leadership team at Fundation and CEO of OnDeck Noah Breslow that ODX and Fundation were competitors in the same …
ODX, LLC and Fundation announced today they will merge to become Linear Financial Technologies. Linear provides loan origination, account opening and AI-based analytics solutions to financial institutions and is expanding its SaaS solutions to international clients and clients outside of banking. Sam Graziano, CEO and co-founder of Fundation will become CEO of Linear, while Brian Geary, the President of …
ODX LLC and Fundation Group LLC have agreed to combine and become Linear Financial Technologies, a provider of digital account origination technology and insights for financial institutions, B2B vendors and SMB service providers. The company provides loan origination, account opening and AI-based analytics solutions to financial institutions and is expanding its SaaS solutions to international clients and clients outside …
Enova International struck a deal to combine its ODX operation with origination solutions company Fundation. Enova will keep a minority share in the new combined company, according to a Thursday (Feb. 25) announcement. “This transaction creates the largest independent SaaS provider to banks for small business lending,” Enova CEO David Fisher said in the announcement. “We believe that this transaction …
Enova International (NYSE: ENVA), a leading financial technology and analytics company offering consumer and small business loans and financing, today announced that it has entered into a definitive agreement to combine its ODX business with Fundation, an origination solutions provider focused on the business banking market. Enova will retain a minority stake in the new combined …
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