FICO scores are a 30-year-old technology pretending to be modern. They ignore education, employment, and dozens of variables that actually predict whether someone will repay a loan.
We approve 27 percent more borrowers than traditional models and at lower interest rates. That is not a small improvement. That is a fundamentally different outcome for millions of people.
I spent 7 years running Google's enterprise business. The thing I learned is that AI is not magic — it is math applied to better data. Lending just happened to have the worst data practices of any industry.
Banks do not lose money by approving bad borrowers. They lose money by rejecting good ones. Every person you wrongly deny is revenue you never see.
We are not a lender. We are an AI platform that banks plug into. The banks fund the loans, take the risk, keep the customers. We just make the decision better.
The credit system in America is broken in a very specific way — it punishes people for being young, for being new to the country, for not having a history. Our AI fixes that.