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Fintech Informed.IQ, which Helps Financial Institutions Verify Lending Documents, Secures $20M via Series A
May 20, 2021 @ 2:12 am By Omar Faridi
Informed.IQ, a tech firm helping financial institutions with instantly and accurately verifying income, assets, residence, and other loan origination data and documents, has reportedly acquired $20 million through a Series A round.
The fund raised from the investment round should help Informed.IQ to better address the increased demand for automation from consumer lenders offering car loans, mortgages, HELOCs, and personal loans.
Informed’s tech stack brings automation to the tedious and error-prone manual process of assessing and verifying loan applications. Informed’s round has been co-led by
Informed IQ Raises $20M in Series A Funding finsmes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finsmes.com Daily Mail and Mail on Sunday newspapers.
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Orbit
Orbit is an experimental platform for publishing and engaging with small tasks repeatedly over time. In the short term, it s focused on supporting the mnemonic medium , a way of augmenting texts so that readers can easily remember all the key details. For an example, see Quantum Country, a textbook on quantum computation. More abstractly, Orbit aspires to offer a more general form of spaced repetition systems like Anki, as part of a connected cloud service. Learn more on the home page.
Orbit is a (nascent) ecosystem. At its core are decentralized data structures defining tasks, review actions, and scheduling algorithms. Tasks can be ingested from around the web, via APIs or embedded iframes, or through various services running on your local computer. You can complete scheduled tasks in desktop, mobile, and web applications. A backend service syncs user data and orchestrates notifications.
Cohere raises $3.1 million for its remote control solution for web apps
Existing remote desktop solutions like LogMeIn and TeamViewer can be complicated to set up and use, and can feel dated. A new startup called Cohere, now backed by $3.1 million in seed funding, aims to improve on the remote desktop and screen-sharing experience. With Cohere’s technology, businesses can help customers in seconds by taking instant control of their screen without any downloads or setup on the customer’s end.
That ease-of-use has already gained the startup over 50 paying customers for its product, including TechCrunch Disrupt 2020 winner Canix, CopyAI, Ramp and others. It also signed its first enterprise client with Podium.