UNDERWRITE.AI
Underwrite.ai was founded in 2015 by Marc Stein based upon his experience developing underwriting systems for companies including JP Morgan Chase (consumer lending), Freedom Debt Relief (debt settlement) and LeaseQ (equipment leasing) over the past 20 years. The genesis of the idea which led to Underwrite.ai was an effort to build an arbitrage technique for purchasing peer lending assets by determining which high interest loans should actually have been given lower risk rating by the lenders. Th... rough this work, they discovered that a significant percentage of peer lending assets were miss-priced. This allowed us to build a portfolio of peer lending assets with an average yield of over 20% which defaulted at the same rate as A class assets. This generates a return of approximately 20% on Lending Club and Prosper assets.
UNDERWRITE.AI
Industry:
Artificial Intelligence Credit Financial Services FinTech Machine Learning
Founded:
2015-01-01
Address:
Boston, Massachusetts, United States
Country:
United States
Website Url:
http://www.underwrite.ai
Status:
Active
Contact:
(617)545-7171
Email Addresses:
[email protected]
Technology used in webpage:
Viewport Meta IPhone / Mobile Compatible SPF Google Font API Google Analytics LetsEncrypt Apple Mobile Web Clips Icon Google Universal Analytics Font Awesome Domain Not Resolving
Current Employees Featured
Founder
Newest Events participated
Participated in Lendlt China 2017
on 2017-07-15 as exhibitor
Participated in Money20/20 Europe 2017
on 2017-06-26 as sponsor
Official Site Inspections
http://www.underwrite.ai
- Host name: aacb0a264e514dd48.awsglobalaccelerator.com
- IP address: 75.2.70.75
- Location: Seattle United States
- Latitude: 47.54
- Longitude: -122.3032
- Metro Code: 819
- Timezone: America/Los_Angeles
- Postal: 98108
