News from the Wire

Numerated wins /Best Business Lending Platform'

Friday, March 24, 2023 — 13:06:56 (EDT)

BOSTON (PRWEB) MARCH 23, 2023--Today, Numerated, the modern digital lending solution for businesses, was named the “Best Business Lending Platform” by Fintech Breakthrough.

This honor marks the fifth consecutive year Numerated has won an award from Fintech Breakthrough and the second consecutive year winning “Best Business Lending Platform”.

Over the last five years, Numerated has helped more than 100 institutions lend more efficiently to business borrowers. The solution leverages artificial intelligence and a sleek user interface to streamline the business loan origination process from application to close.

“In order to thrive in today’s market, financial institutions need to win with convenience. However, traditional banking relationships haven’t always been convenient for the customer and convenience has now been completely redefined in the digital age. Today, consumers are looking for digital-first experiences that are both fast and simple,” said James Johnson, Managing Director, FinTech Breakthrough. “Numerated continues to automate every step of the business lending process within one comprehensive platform.”

This recognition from Fintech Breakthrough follows another award-filled year for Numerated. In 2022, Numerated was recognized as the fastest-growing fintech SaaS company on the Inc. 5,000, No. 29 on the Deloitte Technology Fast 500, and the fastest-growing company in Massachusetts on the Boston Business Journal’s Fast 50 list.

“It’s an incredible honor to be recognized by Fintech Breakthrough for a fifth consecutive year,” said Numerated CEO and co-founder Dan O’Malley. “Since our beginning, we’ve been dedicated to ensuring businesses have easy access to capital from their financial institutions. Winning this award is a testament to our focus on this mission and the impact it will have on the financial services industry.”

Now in its seventh year, the FinTech Breakthrough Awards is the premier awards program founded to recognize the FinTech innovators, leaders and visionaries from around the world in a range of categories, including Digital Banking, Personal Finance, Lending, Payments, Investments, RegTech, InsurTech and many more. The 2023 FinTech Breakthrough Award program attracted more than 4,000 nominations from across the globe.

About Numerated

Numerated transforms the way financial institutions lend to businesses. Banks and credit unions use Numerated’s modern lending solutions to exceed businesses’ expectations for digital convenience while driving significant gains in efficiency. The platform uses data to streamline originations and underwriting for business banking products, from application to decision to close. More than 500,000 businesses and 30,000 financial institution associates have leveraged the platform to process over $50 billion in lending, making Numerated the fastest-growing fintech SaaS company on the 2022 Inc. 5,000. To learn more about how Numerated is taking digital business lending to the next level visit www.numerated.com.

About Fintech Breakthrough

Part of Tech Breakthrough, a leading market intelligence and recognition platform for technology innovation and leadership around the globe, the FinTech Breakthrough Awards program is devoted to honoring excellence in Financial Technologies and Services companies and products. The FinTech Breakthrough Awards provide public recognition for the achievements of FinTech companies and products in categories including Payments, Personal Finance, Wealth Management, Fraud Protection, Banking, Lending, RegTech, InsurTech and more. For more information visit FinTechBreakthrough.com.

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Source: Company press release.