Numerated was developed in 2015 for Eastern Bank as part of its fintech incubator, Eastern Labs, with the goal of helping the bank drive growth. Numerated's technology, strategy, and approach generated meaningful impact on the size and profitability of Eastern’s small business lending portfolio.
With this success and with inbound interest from other banks to license the platform, the technology and team was spun-out in 2017 as an independent company—Numerated. Numerated's real-time lending and growth automation platform is now available to banks worldwide. Read more about our story below.