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Informed.IQ
Informed.IQ is a financial technology company based in San Francisco, specializing in AI and machine learning to automate loan origination verifications. Founded in April 2016 by Justin Wickett and Magdalena Yesil, the company aims to help financial institutions fund loans more quickly while minimizing risk and costs. Informed.IQ's Document AI technology verifies critical information such as income, assets, and identity with 99% accuracy in seconds. The company offers a range of AI lending solutions, including tools for consumer lenders, auto dealers, and major lenders. Their products, such as Informed Consumer and CollectIQ, streamline the verification process and enhance decision-making for loan officers. Informed.IQ has processed over 6 million consumer credit applications in 2023 and has automated more than $120 billion in loan originations to date. The company serves a diverse clientele, including seven of the nation's top ten auto lenders and various credit unions.
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