Markaaz and LendFoundry announce data partnership to enhance small business lending

Markaaz-and-LendFoundry_Small-business-lending-data-partnership

Markaaz and LendFoundry, an award-winning SaaS platform offering digital lending tools, are excited to announce a strategic data partnership. This relationship will enhance LendFoundry’s small business data coverage to verify and onboard more small businesses during the lending process.

LendFoundry’s advanced Loan Origination System and Loan Servicing System, along with features such as customer management, compliance reporting, authentication, security, and AI-powered credit scoring, have established it as a leader in the digital lending lifecycle. Integrating with over 80 third-party providers, including Experian, Equifax, Transunion, and various ID and Fraud providers, LendFoundry has become a trusted partner for financial institutions.

Founded in 2020, Markaaz has created the largest global small business database, comprising 300 million records across 200 countries and jurisdictions. Markaaz’s unique data-matching algorithm, crafted by data experts and enhanced by machine learning, ensures superior accuracy in identifying small businesses.

The partnership significantly expands LendFoundry’s small business data coverage, empowering more efficient and seamless verification and onboarding of more small businesses, and underscores the commitment of both companies to providing valuable data and technology solutions for the benefit of their customers and borrowers.

Read the full release on LendFoundry’s site.

If you’re interested in learning more about Markaaz’s data, contact our team here.

Search
Share

Related articles