MOGOPLUS announces strategic partnership with Provenir

MOGOPLUS announces strategic partnership with Provenir

MOGOPLUS, an established data analytics and insight solution provider, has announced its latest addition to their partnership marketplace – Provenir.

Provenir is a global leader in decisioning technology, supporting lenders to assess creditworthiness and their expertise lies in Intelligent Decision Solutions for financial providers. Their flag-ship low-code platform combines workflow orchestration, real-time decisioning, and a powerful data marketplace to deliver faster, smarter, and more precise lending outcomes.

MOGOPLUS’ insights-as-a-service platform provides customers with Data Enrichment and Analytics to support decisioning across the lending lifecycle. The platform specialises in making sense of unstructured data within bank transactions and caters to diverse use cases and customer journeys across multiple sectors. By analysing unstructured data, MOGOPLUS uplifts customer engagement and empowers organisations to make informed choices, leveraging state-of-the-art technology to meet the dynamic needs of today’s market.

Given every financial institution’s continued focus on simplification and deriving efficiency improvements in their Lending journeys, MOGOPLUS’ Insights-as-a-service offering, combined with Provenir’s capabilities in supporting complex Lending scenarios are well aligned with key market priorities of lenders today.

While Provenir provides expertise on Intelligent Decisioning via their workflow automation and can support complex lending processes using AutoML capabilities, MOGOPLUS augments this with a range of products to help enterprises make informed data driven lending decisions.  Their platform can provide all the necessary intelligent insights and contextual data points for credit and risk teams to take well informed credit decisions using Provenir’s decisioning technology.

Through this strategic partnership, both organisations will also be able to leverage each other’s expertise by onboarding MOGOPLUS’ product portfolio on to Provenir’s Data Marketplace. This includes the following MOGOPLUS products:

  • GoCat, which enables fast, accurate, and secure data categorisation for credit decisioning,
  • GoVerify, for comprehensive financial profiling and employer income verification, and
  • GoLend, which is used for streamlining serviceability assessments with meaningful analytics for lending.

The synergy between MOGOPLUS and Provenir will be critical to address the market needs on Insights-led Credit Decisioning and this partnership marks a significant step forward in both organisation’s mission to enhance their respective insights & decisioning offering for the financial services sector.

For more information visit mogoplus.ai/partnership-marketplace OR provenir.com/mogoplus