Funding Details
- Awarder
- PlugAndPlayTechCenter
- Date Award
- May 15, 2024
- Funding URL
- View Funding Page
Company Info
- Company Description
- Karus is an AI-powered end-to-end auto finance platform that streamlines the consumer auto loan process for dealers, originators, and lenders. The platform uses machine learning algorithms to analyze borrower data and assess creditworthiness, reducing the time and effort required to approve loans at the point-of-sale. Karus also provides lenders with real-time portfolio monitoring and risk management tools to mitigate credit risk and optimize portfolio performance. By automating the entire loan process from origination through to portfolio management, Karus aims to make consumer auto financing faster, more efficient, and more accessible for both borrowers and lenders.
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