Grasshopper, a digital bank built for the business and innovation sectors, has announced a strategic partnership with EnFi, an AI-powered platform specialising in credit risk management and decisioning. This collaboration underscores Grasshopper’s dedication to leveraging technology to enhance its team’s capabilities, optimise client services, and elevate its digital banking experience.
“Empowering talent through technology is central to Grasshopper’s mission, and our partnership with EnFi exemplifies this commitment,” said Mike Butler, CEO of Grasshopper. “With EnFi’s AI-driven solutions, we aim to streamline credit analysis and risk monitoring, allowing our team to focus on providing forward-thinking banking solutions for our clients.”
The integration of EnFi’s platform enables Grasshopper to conduct real-time credit assessment and risk analysis, bringing data-driven precision to its operations. According to Joshua Summers, CEO and co-founder of EnFi, the partnership is designed to advance Grasshopper’s portfolio management. “Our AI platform is built to move beyond traditional periodic reviews, equipping underwriters with proactive insights that support strategic, growth-oriented lending decisions.”
Through this collaboration, Grasshopper continues to set a benchmark for using cutting-edge technology to enhance efficiency while delivering customised banking solutions tailored to the unique needs of startups and small businesses.
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