UNDERWRITE.AI

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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.

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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

marc-stein_image

Marc Stein
Marc Stein Founder and CEO @ Underwrite.ai
Founder and CEO

Founder


marc-stein_image

Marc Stein

Newest Events participated

lendlt-china-2017_event_image Participated in Lendlt China 2017 on 2017-07-15 as exhibitor

money2020-europe-2017_event_image 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: 99.83.190.102
  • Location: Seattle United States
  • Latitude: 47.54
  • Longitude: -122.3032
  • Metro Code: 819
  • Timezone: America/Los_Angeles
  • Postal: 98108

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