Cashflow data is a treasure trove of raw material to feed the AI/ML machine if you can convert it into the right kinds of attributes and propensity models. Marketing, Monitoring, Underwriting...there's a lot of value to be unlocked with the right tech partners.
We’re excited to share our partnership with True Finance and their incredible journey toward fostering #financialwellness! 👏 When True experienced a surge in demand for their cash advances, they needed a solution to scale operations and improve repayment rates. By leveraging Pave’s Cash Advance Score, True was able to: ✅ Grow the number of advances given by 3.9X ✅ Increase 7-day Repayment Rates 8.55X, and 30-day 1.32X ✅ Reduce write offs 14X "We feel like we’re no longer just throwing something at the wall and hoping it sticks. With Pave.dev, we have the intelligence and data to back our decisions, and that’s invaluable for our growth." – Tim Yelchaninov, Founder & CEO of True Read the full story on our blog to see how True transformed their operations and achieved sustainable growth: 🔗 https://lnkd.in/ekHpKxtj #Fintech #CashAdvance #CashflowAnalytics #FinancialHealth