Informed.IQ Secures $63 Million from Invictus Growth Partners to Advance AI-Powered Fraud Prevention and Loan Verification

Informed.IQ Secures $63 Million from Invictus Growth Partners to Advance AI-Powered Fraud Prevention and Loan Verification

/PRNewswire/ -- Informed.IQ, the leader in AI-powered loan verification and fraud prevention, today announced a $63 million growth equity investment from...

Informed.IQ raises $63m to scale AI loan verification

Informed.IQ, an AI-powered loan verification and fraud prevention company, has announced fresh growth capital of $63m. The company has secured the growth equity investment from Invictus Growth Partners, which is backing Informed.IQ as it accelerates expansion beyond its established base in auto finance, said Financial IT. The deal adds Invictus to an existing investor group that includes Nyca Partners and US Venture Partners. Founded to tackle v…

Informed.IQ raises $63M to expand AI loan verification

Informed.IQ, an AI-powered loan verification and fraud prevention company, announced on Tuesday that it raised $63M from Invictus Growth Partners to expand its AI-powered loan verification platform, aiming to reduce fraud and enhance efficiency. Informed.IQ, which serves seven of the top 10 U.S. auto lenders, said its platform has supported over $350 billion in loan originations and reduced loan closing times from days to minutes. The funding wi…