NEWS

Provenir’s flexible platform allows Autochek to quickly expand into new geographies, reducing launch time by half.

London, UK, Sept. 12, 2023 – Provenir, a global leader in AI-powered risk decisioning software, today announces Autochek Africa, an automotive technology company, has selected Provenir’s Decisioning Platform to automate decisioning and accelerate its expansion efforts.

Autochek Africa provides solutions that enable commerce within the automotive sector including credit underwriting solutions for auto loans, for Autochek and third-party banks. Autochek also provides vehicle inspection, maintenance, insurance and vehicle tracking solutions. The company was seeking a robust platform with rapid deployment capabilities to automate all of their credit decisioning processes to support its strategic expansion into specific regions.

“To support our aggressive expansion strategy, we needed a partner with an agile and flexible platform and the ability to deliver within very short timelines,” said Johan van der Merwe, Chief Executive Officer, Autochek. “We have partnered with Provenir to automate decisioning for faster and more scalable approval processes. Within eight months, we were able to provide clients and dealers with pre-approvals, instalment simulations and loan application decisions, together with bespoke offers, in six countries. Provenir’s low-code platform provides us a competitive advantage, allowing us to quickly expand into our target geographies, reducing our launch time in many cases by almost half.”

“We are pleased to partner with Autochek Africa to help them quickly scale their operations and enter new markets,” said Adrian Pillay, Vice President, MEA at Provenir. “Provenir’s flexible platform provides Autochek with the self-sufficiency needed when launching new products to market, so they can scale faster than ever before.”

What is a decision engine and how does it help your business processes?

NEWS

GoFi will benefit from Provenir’s powerful platform to support immediate responsiveness and the best customer experience

Parsippany, NJ —August 2, 2023 — Provenir, a global leader in risk decisioning software, announced today that GoFi, LLC, a leading U.S. consumer automotive financing provider, has selected and implemented Provenir’s Data and Decisioning Platform to assess applicant credit risk quickly for real-time financing approvals.

GoFi, LLC is an AI-centric, digital-first lending platform. Built on a proprietary loan origination system and powered by its integrated machine learning algorithms, GoFi provides auto-decisioned responses across the full credit spectrum. Through simple, intuitive offers, GoFi aims to help partners expand their brand impact and deliver a better customer experience.

“We selected Provenir for several reasons, most importantly, for the platform’s flexibility and customization options. It also allows us to quickly and easily integrate with many different platforms which will allow our business users to take the reins,” said Daniel Garland, Senior Director, GoFi. “We have been able to implement a fully customizable solution that meets our business needs with the vast majority of the implementation being done by our business users.”

“We are pleased to partner with GoFi to power the real-time risk decisioning needed to provide the very best customer experience,” said Kathy Stares, Executive Vice President, North America for Provenir. “From global car manufacturers to independent auto lenders, Provenir empowers auto financing providers of all sizes to make accurate decisions faster while minimizing risk and preventing fraud. Provenir’s data and decisioning capabilities enable our auto financing clients to respond on-the-fly to changing market dynamics and deliver real-time insights to inform smarter decisions.”

What is a decision engine and how does it help your business processes?