Momnt
Financials
Estimates*
USD | 2021 | 2023 |
---|---|---|
Revenues | 1.5m | 42.0m |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$1.5m | Seed | ||
$7.0m | Series A | ||
* | $9.5m | Early VC | |
* | $15.0m | Early VC | |
Total Funding | $33.0m |
Recent News about Momnt
EditArtis Technologies, Inc., accessible via heyartis.com, is a financial technology (fintech) startup that specializes in providing consumer lending solutions. The company operates primarily in the financial services market, focusing on connecting potential borrowers with lenders through a streamlined, technology-driven process.
Artis Technologies serves a diverse range of clients, including individual consumers seeking personal loans and financial institutions looking to expand their lending portfolios. The company leverages advanced data analytics and credit reporting to assess the eligibility of loan applicants. This ensures that the loans offered are tailored to the financial profiles of the applicants, thereby increasing the likelihood of approval and satisfaction for both borrowers and lenders.
The business model of Artis Technologies revolves around facilitating consumer loans. They collect personal and financial information from potential borrowers, which is then enriched with additional data sources such as credit reports. This enriched data is used to determine the eligibility of applicants for various loan products. If eligible, the applicants are presented with loan options that suit their financial needs.
Artis Technologies makes money primarily through fees and interest rates associated with the loans they facilitate. When a borrower selects a loan offer and proceeds with the application, Artis performs a "hard pull" of their credit, which may have a minor impact on their credit score. The company may also earn revenue through partnerships with financial institutions that use their platform to reach new customers.
In summary, Artis Technologies is a fintech company that simplifies the consumer lending process by using technology to connect borrowers with lenders, ensuring a more efficient and tailored loan experience.
Keywords: fintech, consumer lending, data analytics, credit reporting, personal loans, financial services, loan eligibility, borrower-lender connection, technology-driven, financial institutions.