Provenir Announces Its First Client in Mexico: Estudia Mas

Provenir partners with Estudia Mas to digitally transform the student loans business

Provenir: a risk analytics and decisioning platform

Provenir, a leading risk analytics software company, today announced that they will partner with Estudia Mas to automate and digitize the risk decisioning process for educational financing.

Estudia Mas - a Fintech specializing in providing credit to students - chose Provenir to meet all of its credit risk decisioning needs: reduce risk, approve loans in real time, expand data use beyond traditional credit bureaus, and replace the manual process of conducting interviews to make the right risk decisions. Through digitization, Estudia Mas seeks to increase the approval rate, and, therefore, the access to education for many young people, in addition to growing its business.

"Estudia Mas is looking to transform the education and the consumer credit industry. The Provenir platform will enable us to turn our process into a totally digital, efficient, and personalized one with a high sense of social responsibility. This will allow us to reach any corner of the world, giving us the opportunity to make an online application and receive feedback immediately," said Rodrigo Reynoso Wilde, Director of Finance and Operations at Estudia Mas.

"At Provenir, we are committed to accelerating the digitization and automation of risk decisioning processes. With our platform, we will support Estudia Mas to approve credit in real time, thus guaranteeing an openness towards innovation, global expansion, transformation and growth in the educational financing business. We are very excited to have Estudia Mas as our first client in Mexico; we know that it will be the starting point to revolutionize the educational loan market," stated Gabriela Herrera, Business Development Manager - Latin America at Provenir.

About Provenir

Provenir makes risk analytics faster and simpler for financial institutions. The Provenir risk analytics and decisioning platform is a powerful orchestration hub that can listen to any channel, integrate with any data service and operationalize any analytic model. Helping clients process more applications with greater efficiency and increase sales conversions with instant, real-time risk decisioning. Provenir serves clients across a broad range of financial verticals including consumer, cards, payments, ecommerce and auto financing. Provenir is headquartered in Parsippany, New Jersey, with EMEA operations based in England, LATAM operations in Miami, and APAC operations in Singapore. For more information, please visit www.provenir.com.

About Estudia Mas

Estudia Mas is an educational credit institution whose center is the student and the horizon of being the "educational bank" through innovative financing schemes. We respond to economic needs by granting loans tailored to each client. We have also implemented personal loans, and our loans do not require real estate, pledge or other guarantees. Our entire process is digital, and we respond to each applicant within a period of no more than 24 business hours. We are constantly evolving to keep up with the times. For more information, visit www.estudiamas.com.

Media Contact:
Marianela Pasquadibisceglie, Senior Marketing Manager Latin America
+1-305-363-4397
mpasquadibisceglie@provenir.com

Source: Provenir

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Categories: Financial News

Tags: fintechs, innovation, Provenir, Risk decisioning platform, student loans


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