Floowed
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What is Floowed?
Floowed is an AI-powered loan decisioning platform designed to automate the process of evaluating loan applications. It enables financial institutions to read, analyze, and make decisions based on diverse loan documents that traditional systems might reject. With its advanced capabilities, Floowed transforms various documentation—from clean PDFs to handwritten notes—into decision-ready data, facilitating a thorough evaluation process with precision.
Features
- Document Intelligence: Capable of reading every type of loan document, including handwritten scans and complex forms.
- Fraud Forensics: Effectively identifies potentially fraudulent documents that should not pass.
- Borrower 360: Integrates comprehensive data sources, including bureau data, KYC, and banking information, to create a holistic view of the borrower.
- Decision Engine: Executes consistent credit policies across all applications, ensuring that decisions are made identically and without exceptions.
"Our team used to spend hours per application: reading bank passbooks, checking numbers by hand, reconciling documents. Now Floowed reads the documents, runs our credit policy, and surfaces a decision in minutes."