Founded in 2014, Scienaptic AI was built with a mission to scale financial inclusion through AI-driven credit decisioning. The platform combines over 200 years of credit risk expertise with a decade of technological innovation, integrating diverse data sources, advanced machine learning algorithms, and comprehensive risk and fair lending monitoring processes.

This innovative solution puts robust underwriting capabilities at the fingertips of in-house underwriting teams.

Key benefits:

●     Easily score over 90% of individuals without traditional credit histories.

●     Approve 20–40% more members with advanced AI algorithms.

●     Achieve 40%+ higher approval rates for protected classes.

●     Automate 60–80% of processes for more streamlined operations.

●     Realize a 10–50X return on investment within a year of deployment.

●     Leverage inbuilt lifecycle decisioning for fraud detection, pre-qualification, cross-sell, up-sell, line management,           kncbundled offers, early warning signals, and more.

Scienaptic’s platform plays a vital role in supporting over 150 lenders by enhancing underwriting accuracy and efficiency. Its credit decisioning experience spans financial institutions collectively managing $3.9 trillion in assets. The platform processes over 3 million credit decisions each month, evaluating loan applications worth more than $3 billion. This enables over one million underserved individuals monthly to access credit opportunities that were previously out of reach.

In September 2024, Scienaptic's Credit Union Service Organization (CUSO) secured strategic equity investments from six of its credit union clients. With four additional strategic investors joining, the total number of investors now stands at ten. This growth underscores the platform's role in driving financial inclusion and delivering measurable impact at scale, setting a strong foundation for continued innovation and expansion.