Consumer Lending
Create customers for life with credit decisioning software for instant approvals and more accurate risk decisions.
Risk Decisioning, Data, and Analytics for a World-Class Customer Experience.
Consumer lending is an enormous global market, reaching $11 billion in 2022. Competition is stiff, so consumers have the luxury of choice for their lending products – it’s up to you to provide fast approvals and simplified processes to reduce abandonment and improve customer experience and competitive advantage. With ever-changing regulations and economic conditions, you must also be ready to pivot at a moment’s notice.
Meet changing customer needs with one-stop risk decisioning software, offering automated decisioning, real-time alternative and traditional data integration, and advanced analytics to enable quick approvals, personalized pricing and rapid innovation for a superior customer experience.
Benefits
Consumer Lending Software Built for Innovation
Automated loan approval
Automate loan approval to improve customer experience with smart processes that recommend specific conditions and pricing for each customer and loan, delivered in seconds.
Faster loan processing
Integrated origination and credit decisioning automatically determines risk level and recommends the next best action for fast loan approval and simplified applications.
Accurate risk decisioning
User-friendly risk data and decisioning ecosystem supports the whole customer lifecycle with simple data integration, risk modeling and accurate risk prediction.
Agile decisioning models
No-code tools put you in control to simplify and automate processes, launch new products, and rapidly respond to market changes.
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.”
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.”
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.”
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.”
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.”
Our platform makes us unique. Our results make you stand out.
Companies like you use 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 to the questions you need to conquer consumer lending.
Want to learn more?
Push low-risk applications straight-through to approval, flag complex requests for additional analysis and streamline end-to-end processes with advanced credit decisioning technology.
Speed and personalization are key to world-class customer experience and essential factors to reduce abandonment. Get both with automated consumer lending software that powers smarter decisions instantly.
Innovation has never been easier with an agile data and decisioning platform. Go to market faster with real-time data analytics and smarter decisioning to test, iterate, and launch on your timeline.
Create a technology foundation that can support evolving legislation with the ability to make changes to processes easily thanks to no-code, drag-and-drop UI. Democratized data access lets any user respond to market changes and evolving consumer demand seamlessly.
Integrate alternative data sources right into your decisioning engine through a single API for fast and easy access to the data you need, when you need it. 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.