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January 29, 2024
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Micronotes.ai: FinTech Leader, Reveals Impressive Customer Results with Prescreen Acquire™.

Micronotes.ai, a leading FinTech company, has reported the first customer results from its recently launched Prescreen Acquire™. The technology uses consumer credit records to deliver personalised credit offers to creditworthy prospects. Clear Mountain Bank, which used the technology in a single prescreen campaign, acquired 60 new creditworthy loan customers with a net profit of $1,875 per loan after all expenses. Prescreen Acquire™ has allowed the bank to reverse a decline in its consumer loan portfolio and has resulted in a noticeable uptick in consumer lending opportunities. In addition to acquiring new customers, the bank has been able to help customers lower their borrowing costs, leading to a win-win scenario. The technology is now available for immediate deployment.

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