Time to Market is Critical (6-12 week launch time)
Alchemy FinTech Lending System continues to expand in key verticals with new clients in Point-of-Sale financing and Student Lending verticals.
Leveraging Alchemy FinTech Lending modules and technology, we continue to launch clients within 6 to 12 weeks. The speed and efficiency come from our modular approach to website, iOS customer onboarding experience, underwriting system, and our loan management system.
Customer Onboarding UI/UX (2 Minute App)
Our simple five-step approach uses as little user input information as possible to passively verify customer’s identity, banking history and now their workforce data with our recent integration with Argyle systems.
Customer can typically finish a full application on our native design within 2 minutes or less. Alchemy can collect identity information, credit information, banking transaction information, and workforce data.
If you are using our white-labeled iOS app, Alchemy can collect (consent-based) mobile data, geolocation information and as well as contact information from the end-users mobile device, again, consent-based.
Decision Engine (A.I. & Machine Learning)
Alchemy’s Decision Engine can digest thousand of attributes and make real-time and instantaneous decisions on end customers, merchants, and small business owners.
We are connected to TransUnion, Experian, Equifax, Clarity, and many other credit bureaus that many of our clients use to underwrite their customers, whether they are underwriting a consumer, merchant, retailer or small business owners. We have experience with working with most credit bureaus, their data assets.
Our data scientist can easily create custom logistic liner regression models that follow OCC prescribed modeling approach or Artificial Intelligence or Machine Learning models that take in thousands of attributes to quickly detect fraud or go after the customers that you want to invite to look into your product and services.
Loan Management (All about payments)
Our white-labeled FinTech lending operating system processes complex payments from and to end customers. Commission, fees and other payouts are processed in real-time to all parties involved.
In complex payment structures such as a student lending scenario. Students, Schools, and Lenders need to make sure payments, payouts, repayments are all processed, broken out and paid out to each party based on a set of complex time-bound payment rules.
We have integrated with Stripe and many other ACH providers via real-time APIs. Our clients no longer have to process payments manually. We’ve automated this process.
Full FinTech Stack (Turnkey solution)
Our clients do not need to hire any engineering, analytics or loan servicing talent because we’ve got it all. From a technology’s perspective, we design and host the entire systme on Amazon or Google Cloud. Our clients don’t need to write a line of code. We took the complexity away from our clients and let them focus on onboarding partners, merchants, students, retail consumers or customers.
Our vision is to remove the complexity of technology, analytics, and loan servicing to allow banks, FinTechs to quickly launch and get into the market with to test out their strategy. Allowing our customers to focus on their business than worrying about DNS settings (don’t worry about it 😅) is empowering.
A History of Innovation
We are constantly evaluating the best set of tools to integrate with Alchemy Lending Operating System. Whether it is third party databases or other algorithmic-based companies, we constantly looking in ways to help our clients to solve the most difficult issues at hand.
If you are interested in building new and innovative solutions with us, please send me an email or email email@example.com. We would love to speak with you.
Our singular vision is to enable the next generation of FinTech evolution with domain knowledge, technology, artificial neural network algorithm, and compliance-driven serving call center to deliver the best product experience for our clients, their partners and ultimately consumers.
About Alchemy Technology, Inc.
Alchemy Technology Inc. is industry-first lending as a service company offering our of the box technology, algorithms and servicing to launch FinTech products for FinTech startups, specialty financing companies and Banks alike. Our vertical workflow specializes in Student Lending and Home Improvement spaces. Our technology offering includes website / mobile app, loan origination system, decision engine, loan management system, payment gateways, and secondary market access.
For More Information: