Auto Lending + Financing
Drive a better consumer experience with powerful auto finance software.
Real-time approvals
Go from zero to approved in under a second with powerful automation tools.
Smarter decisioning
Put your decisioning on cruise control with easy data integration and rapid model deployment.
Accelerated innovation
Launch new products at record speed. Use our low-code user interface to make changes in minutes.
Auto lending technology that moves cars off the lot.
As an auto lender, you’re always looking for ways to drive better consumer experiences. And when it comes to closing a deal, every second counts. So, when your competitors are using auto loan solutions to return approvals in minutes — or seconds — you need auto finance software that supports real-time approvals.
But as an innovative auto lender, you want and need more than that. You need an auto lending platform that lets you develop and deploy sophisticated risk models, access the data you need when you need it and make changes in minutes.
Benefits
Say yes to more auto loans, without increasing risk.
From global car manufacturers to independent auto lenders, Provenir empowers businesses of all sizes to make smarter decisions, faster. Advanced automation, simplified data integration, and machine learning capabilities are designed to meet all of your decisioning needs.
Integrate data
Say hello to data. Provenir’s Data Marketplace makes accessing and using data fast and easy. Connect existing systems and a wide variety of data sources to create a centralized data hub that powers all of your decisioning and insights needs.
Predict risk
Let your team model in the language they want. Provenir’s model-agnostic cloud platform supports deployment in R, Python, SAS, TensorFlow, Excel and more —without recoding. Visual, low-code tools enable rapid collaboration between technical and business teams.
Build decisioning rules
Our low-code technology offers a visual, drag and drop user interface that lets you take control of building processes, connecting data and launching products.
Creating decisioning workflows has never been easier.
Automate decisioning
Use sophisticated automation for real-time credit decisions. Push low-risk applications straight-through to approval, flag complex requests for additional analysis and streamline end-to-end processes to create a world-class user experience.
Grow + scale
We don’t just support growth, we power it. Our cloud-native auto finance software supports autoscaling and a limitless number of product lines, so you can scale and evolve on your terms. Low-code technology lets you get necessary changes and new products to market on your timeline.
Innovate faster
To stand out in the crowded auto financing industry, you need to create a new industry benchmark with better deals, instant approvals and personalized processes.
Provenir bridges the gap between risk, analytics, credit and development teams to encourage the collaboration that powers innovation.
VP of Dealer Services, GM Financial
“We have deep insight into every application and contract as we can instantly get real-time information whenever we need it.”
Credit Manager, Telia
“Provenir empowers the Telia Finance team to create and change credit offerings independently, process customer applications in seconds, and easily integrate to multiple data sources for better quality decisioning.”
CEO, North America, Klarna
“Provenir has delivered a solution that increases our agility and responsiveness to clients. The implementation of Provenir’s software will contribute towards Klarna’s global market goals.”
Managing Director, Novuna Capital
“The flexibility of Provenir allows us to create our own risk decisioning workflows that can easily connect with any data source.”
CEO, Dun & Bradstreet
“Provenir plays a vital role in navigating this balance between compliance and speed, because it gives us the ability to orchestrate all of our scoring and compliance processes very quickly.”
Our platform makes us unique. Our results make you stand out.
Companies like you choose Provenir
SoFi
SoFi benchmarked the project alongside its previous DevOps effort with its in-school college loan application. As a result of building out new automation and leveraging low code/no code technology enabled processes via the Provenir platform, SoFi was able to complete the project and go live in a shorter timeframe (within 10 weeks).
tbi bank
tbi bank is a mobile-first challenger bank in South East Europe and regional leader in alternative payment solutions.
Bigbank
Bigbank needed better credit and lending products that led to better customer experiences. That meant leaving outdated technology behind for a unified platform. That’s where Provenir came in.
BBVA
BBVA wanted scalable decisioning technology to power its SME and commercial business lines and deliver the best possible customer experience. Provenir was the leading choice.
Questions
Frequently asked questions
Get the answers you need to accelerate your auto financing.
Want to learn more?
Look to more automated auto finance software and real-time data to detect and prevent fraud more effectively. Implementing advanced fraud prevention measures with data sources that offer real-time identity verification, KYC data, and alternative data like web presence, social media, and telco data and enhance your auto financing strategy to better combat rising fraud attempts. Additionally, consider how advanced analytics like artificial intelligence and machine learning can better detect fraudulent transactions and monitor loan data to detect irregularities.
One way to ensure more seamless application and approval experiences for your auto lending customers is to utilize real-time, on-demand data from a variety of data sources. In order to more accurately and rapidly assess the creditworthiness of your applicants, look for global data platforms that can integrate a variety of data sources in real-time, including alternative data like rent/utilities payment info, unlisted income, social media and open banking data.
The more human, manual intervention you require in your credit approval processes, the fewer applications you can process. Automated credit decisioning platforms can use data integrated in real time, advanced analytics, and sophisticated risk models to evaluate and approve your auto financing customers faster and more accurately. In addition, simplified approval processes (online, digitized application portals with a human-centered user interface) mean less friction for your customers.
Lenders regularly collect and process large amounts of data in their auto finance software, which is critical to keep secure to satisfy compliance regulations and protect their customers. To ensure compliance with evolving data privacy requirements, look for cloud-based platforms that are able to regularly update security protocols, have ISO certifications, and can effectively implement new rules that comply with a variety of regional data privacy laws.