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LendingMetrics: powering smart finance
Investment to accelerate new product development and expand partner networks
Investment to accelerate new product development and expand partner networks
LendingMetricsis a credit risk technology provider.
November 2024
LendingMetrics’ software and data solutions help hundreds of companies to make highly sophisticated automated and risk-based lending decisions.
Founded in 2010, the business’ client base includes building societies, online lenders, mortgage companies, credit card providers and commercial lenders.
In addition to its Auto Decision Platform (ADP), its cloud-based software suite includes LendingMetrics Exchange (LMX), a proprietary multi-bureau credit referencing product, OpenBankVision (OBV), a bank statement data platform which helps clients to build accurate affordability profiles in real time, and DeeJoop, a proprietary credit data deduplication tool to standardise high velocity multi-bureau credit files.
Powering smart finance
In November 2024, LDC backed LendingMetrics’ management team, led by co-founders CEO Neil Williams and Commercial Director David Wylie.
LDC’s investment and strategic support will help the business to accelerate new product development within its core financial services sector and expand its network of partners in its consultancy and data services division. It will also enable LendingMetrics to explore complementary acquisitions and diversify its presence in new industries, such as telecoms, utilities and insurance.
Neil Williams, CEO
LendingMetrics