Floowed

Introduction

Floowed is a cutting-edge AI-powered platform designed to automate credit application processes. It transforms raw credit applications into decision-ready analyses, allowing financial institutions to make faster and more accurate lending decisions.

Key Features

• Document Intake and Standardization: Automates the collection and organization of various document types.
• Data Extraction and Validation: Uses advanced OCR and AI models to achieve 99.7% accuracy in data extraction.
• Fraud Detection: Instantly flags anomalies and potential fraud, reducing credit risk.
• Custom Metrics and Analytics: Generates detailed analytics and pre-assessment reports to streamline decision-making.
• Flexible Document Processing: Handles a wide range of documents including bank statements, invoices, and KYC documents.

Primary Use Cases

Floowed is ideal for financial institutions, including banks and non-banking financial institutions (NBFIs), looking to enhance their credit processing capabilities. It is particularly beneficial for:

• Credit Analysts: Reducing manual data entry and focusing on risk assessment.
• Loan Officers: Accelerating the loan approval process with reliable data.
• Fraud Detection Teams: Identifying inconsistencies and potential fraud.

Unique Selling Points

• High Accuracy: Achieves 99.7% accuracy even with low-quality documents.
• Time Efficiency: Reduces review time by over 80%, allowing teams to process more applications.
• Seamless Integration: Integrates with existing lending tech stacks, enhancing current workflows.

Technical Details

Floowed supports a variety of document types across multiple industries, not limited to finance. It is designed to integrate seamlessly with existing technology stacks, making it versatile for various business needs.

"Floowed has transformed our loan processing, saving our team hours each day and improving audit accuracy." - María C., Head of Credit Operations, Mexico

"Floowed flags anomalies instantly, giving our team confidence in every decision." - Mike N., CEO, NBFI, Philippines