/plushcap/analysis/plaid/approve-owl-customer-story

Approve Owl powers informed loan decisions

What's this blog post about?

Approve Owl is an AI-based solution designed to streamline loan application processes for car dealerships, particularly in the subprime space. By enabling buyers to complete applications and submit documentation online, it helps reduce paperwork and speeds up financing decisions. The platform also verifies income information, which often causes delays or even deal failures. Approve Owl uses Plaid's secure data sharing technology to help customers grant permission for financial data access. This solution not only improves the customer experience but also allows salespeople more time to focus on selling.

Company
Plaid

Date published
Feb. 23, 2021

Author(s)
Nick Dayno

Word count
232

Hacker News points
None found.

Language
English


By Matt Makai. 2021-2024.