Numerated in American Banker: Eastern Bank-created fintech Numerated lands two new bank clients

Kaileigh Higgins

March 20, 2018

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We are so excited to announce that two new customers, MidFirst Bank and Franklin Synergy chose Numerated to help them grow in small business.

From the American Banker:

"Numerated Growth Technologies, the online lending software startup that started life as an incubator within Eastern Bank, announced Monday it has two new clients, Franklin Synergy and MidFirst Bank.

These two additions bring the number of bank clients Numerated Software has landed to seven.

The expansion is notable as online lending software providers have struggled to get banks to commit. Many of the newer providers use artificial intelligence to help calculate creditworthiness, and banks balk at the idea of using a black box for credit decisions, even though the vendors say they can provide transparency, explainability and clear rationales for granting or denying credit."

Read more on our new customers from the American Banker.

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