Informed.IQ has successfully secured $63 million in funding from Invictus, which will be allocated toward the expansion of its AI-driven loan verification platform. This strategic investment comes as the company aims to streamline the loan verification process while significantly reducing the risk of fraudulent activities. By leveraging sophisticated artificial intelligence technologies, Informed.IQ is positioned to enhance operational efficiency within the mortgage industry, offering lenders a more robust and reliable framework for assessing loan applications.
The infusion of capital will not only help Informed.IQ scale its technology but also bolster its market presence in the competitive mortgage landscape. The company’s commitment to combating fraud and improving verification processes represents a critical evolution in how financial institutions manage risk and maintain compliance. As digital transformation continues to shape the industry, Informed.IQ’s innovative solutions signal a promising shift toward greater security and efficiency.
**Key Elements:**
– **Funding Amount**: Informed.IQ raises $63 million from Invictus.
– **Expansion Goals**: Funds will be used to scale its AI-driven loan verification platform.
– **Fraud Reduction**: Focus on reducing fraud within the loan verification process.
– **Operational Efficiency**: Aims to enhance efficiency in mortgage lending practices.
– **Competitive Position**: Strengthens market presence in the evolving mortgage industry.
You can read this full article at: https://www.housingwire.com/articles/informed-iq-63m-funding-expansion/(subscription required)
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