Tagged: ocrolus

September 27, 2023 @ 1:07 am By Omar Faridi  |  

Ocrolus, a firm focused on AI-driven financial document automation, announced the launch of an enhanced dashboard for mortgage lenders featuring the ability to automate income calculations for both traditional and self-employed borrowers. The solution combines three trusted Ocrolus capabilities – Classify, Capture and Analyze –… Read More

May 11, 2023 @ 7:52 pm By Omar Faridi  |  

Ocrolus, a key player focused on AI-driven document automation for faster and more accurate lending decisions, announced it has integrated GPT embeddings from OpenAI into its set of technologies. The addition of OpenAI GPT embeddings “strengthens Ocrolus’ ability to process semi-structured and unstructured documents, such… Read More

January 4, 2022 @ 11:17 pm By Omar Faridi  |  

David Snitkof, Head of Analytics at Ocrolus, which claims to be the leading document automation platform in financial services, powering the digital lending ecosystem, notes that just over a year ago, he had commented on the state of the automotive lending markets in the US…. Read More

September 26, 2021 @ 1:38 pm By Omar Faridi  |  

Ocrolus, which claims to be the only automation platform that analyzes financial documents with more than 99% accuracy, reveals that it has finalized an $80 million Series C round that was led by Fin VC at a $500 million+ valuation. Ocrolus powers document workflows for… Read More

February 6, 2020 @ 9:02 am By Samantha Hurst  |  

Ocrolus, a fintech infrastructure company that transforms documents into actionable data, announced on Thursday it has launched a new lending program through a partnership with Kiva, a crowdfunding platform dedicated to connecting people through lending. Ocrolus reported that with the Kiva program it is working… Read More

December 17, 2019 @ 12:43 am By Omar Faridi  |  

Ocrolus, an established Fintech infrastructure development firm that converts documents into actionable data with high accuracy, recently revealed a new premium extension to its core tech platform. During a reception in New York, the firm introduced Ocrolus+, a solution for processing documents and online data… Read More

April 16, 2019 @ 11:18 am By Samantha Hurst  |  

Ocrolus, a data verification and cash-flow analytics company, announced on Tuesday it has formed a partnership with BlueVine, a provider of online working capital financing to small and medium-sized business lenders. Ocrolus reported BlueVine will use its technology to accelerate growth and scale operations efficiently,… Read More

April 9, 2018 @ 7:00 am By JD Alois  |  

Ocrolus, a Fintech firm that automates the analyzing financial documents, has announced a $4 million Series A investment led by Bullpen Capital. Additional investors include QED Investors, Laconia Capital Group, ValueStream Ventures, and RiverPark Ventures. Also participating in the round were multiple well known names… Read More

September 14, 2017 @ 10:00 am By Samantha Hurst  |  

Lendio announced on Thursday it has formed a partnership with Ocrolus, the emerging company in bank statement review automation. According to Lendio, the PerfectAudit API, powered by Ocrolus, analyzes uploaded bank statements with 99+% accuracy, replacing manual review with automation. Ocrolus’ technology notably allows lenders, for… Read More