Artificial Intelligence | Machine Learning Zest Finance | Lending Decisions Technology


Consumer, Enterprise, Financial Services, Accounting, Credit Decisioning, Lending Decision Burbank, California, United States

Zest Finance

Artificial Intelligence | Machine Learning


Zest Finance | Lending Decisions Technology

Zest Finance

Financial Services, Accounting, Credit Decisioning, Lending Decision


Burbank, California, United States

Zest AI makes the power of machine learning safe to use in credit underwriting. Lenders using Zest Automated Machine Learning make better decisions and better loans -- increasing revenue, reducing risk, and automating compliance. Zest AI was founded in 2009 with the mission of making fair and transparent credit available to everyone and is now one of the fastest-growing fintech software companies. The company is headquartered in Los Angeles, California. Using more data, better math, and smarter software, lenders can safely expand credit access through more accurate risk prediction, faster credit decisions, and more inclusive lending. Zest clients typically see a 20% to 30% increase in approval rates with no added risk. Zest clients typically see a 30% to 40% reduction in charge-offs or defaults with constant approvals. Zest clients typically see their automation rates rise fivefold by switching to an AI model.

Zest AI has been perfecting AI for consumer lending decisions since 2009. Our Model Management System helps lenders make better decisions and better loans—increasing revenue, reducing risk, and automating compliance. Our mission is to make fair and transparent credit available to everyone and our software creates some of the most inclusive risk models in the industry. Using Zest-built machine learning software, financial institutions can dramatically expand credit access to deserving people with no added risk.

 

B2C, B2B

51 to 100

Funded

$250M

Scaling Up

2009

 
 

Financial Services

Reduce risk of charge-offs and defaults
30% Increase in Approval Rates
40% Reduction in Charge-offs

Revenue Growth
Increase Productivity
Increase Efficiency
Reduce Operational Cost

 
 

Finance
Service

Yes

Active

 
 

   Machine Learning


Financial Services Automation

Financial Services Automation


Text

Text

Time Series

Time Series

Semi-Structured

Semi-Structured

Structured

Structured

 

   Software


AWS

AWS

Shell

Shell

Linux

Linux

Google Cloud

Google Cloud

R

R

Ruby

Ruby

Python

Python

UNIX

UNIX

Java

Java

React/Typescript

React/Typescript

C

C


Deep Learning Algorithm

Deep Learning Algorithm

Machine Learning Algorithm

Machine Learning Algorithm

 
 

Nov 2020

  • Zest AI CEO: Artificial Intelligence Is Reshaping Lending and Credit

Oct 2020

  • Zest AI Raises $15M From Insight Partners

Jul 2020

  • Fintech Firm ZestFinance Partners With Brazilian Retailer

Oct 2019

  • ZestFinance to Provide AI Underwriting for MeridianLink LoansPQ Platform

Sep 2019

  • Digital Matrix Systems and ZestFinance ring machine learning to credit scoring

Mar 2019

  • Discover, ZestFinance partner on AI-based credit scoring

  • test
 
 

View All

View All AI/ML Jobs

Senior Product Counsel

Burbank, CA

Senior Data Engineer

Remote, Remote

Sales Director

Remote, Remote

Presales Engineer

Remote, Remote

Sr. Product Manager (SaaS)

Remote, Remote

 

AI/ML Professionals

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8

1

$50M

Company was founded 2009 and it took almost 13 years (Nov 2022) to raise first external round

 
 

Date

Round

$ Raised

Investors

11/03/2022

Funded

$50M

Insight Partners, CMFG Ventures, CU Direct, Curql, Suncoast Credit Union, Golden1 Credit Union, Hawaii USA Federal Credit Union, NorthGate Capital

Date : 11/03/2022

Round: Funded

$ Raised: $50M

Investors: Insight Partners, CMFG Ventures, CU Direct, Curql, Suncoast Credit Union, Golden1 Credit Union, Hawaii USA Federal Credit Union, NorthGate Capital

 

Investors

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Mike de Vere


Mike de Vere
CEO

 Jay Budzik


Jay Budzik
CTO

 
 

Potential Customers

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