FinLocker

lendingother lending

FOUNDING YEAR: 2014
LOCATION: United States
Last Update: 19/01/2021

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About

Empowers consumers to Start, Achieve, and Continue the Homeownership Journey through Transactional Data Intelligence using our secure Personal financial App

MEDICI Analysis

FinLocker is a consumer-enabled financial platform that gives lenders access to critical borrower information that can be used to streamline the origination and underwriting for mortgages and other financial products. It accesses consumer financial data electronically and applies configurable business rules and algorithms to analyze employment, income, assets, credit, taxes and other information to validate guideline issues and highlight conditions that require processor/underwriter attention.

Focus

PRODUCTS & SERVICES

Online financial data and analytics platform. FinLocker accesses online financial information from the sources of the consumer’s choosing, including bank statements, brokerage statements, credit card statements, tax information, and other financial data. FinLocker also applies business rules and analytics to provide actionable information that can be utilized by lenders, servicers, and investors. They help businesses by providing services like automatic verification and applicant loan corroboration.

EXISTING PARTNERSHIPS

The company has partnerships with Lenders One

Fiserv

WebMax

Equifax

The Collingwood Group

AITHERAS

VidVerify

eOriginal

and Beltway Insight.

COMMENT

FinLocker leverages aggregation technology from FiServ to enhance analytics solution for the mortgage industry. (Dec. 2017) FinLocker accesses online financial information from the sources of the consumer’s choosing, including bank statements, brokerage statements, credit card statements, tax information, and other financial data. That data can be integrated into existing loan origination and business systems. The company offers real-time verification of financial data with access to over 15,000 financial and other data sources.

Traction

COMPANY TYPE:

For Profit

TRACTION COMMENT:

The company is trying to reduce borrower frustrations and lender costs associated in getting a mortgage approved as fast a possible, while increasing certainty for investors. (Aug. 2018)

company provided insights
Web Traffic

Web Traffic

MONTHLY VISITS

3,316

AVERAGE VISITS (6 MONTHS)

2,054.26

MONTHLY VISITS GROWTH

-7.75%

VISIT DURATION

138,342

VISIT DURATION GROWTH

25,317.98%

PAGE VIEWS VISIT

3.57

PAGE VIEWS VISIT GROWTH

45.51%

BOUNCE RATE

8.72%

BOUNCE RATE GROWTH

-34.78%

GLOBAL TRAFFIC RANK

2,534,305

MONTHLY RANK CHANGE

-1,216,481

MONTHLY RANK GROWTH

-32.43%

Innovation Programs

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