NEW YORK: #AI--Algebrik AI Inc., headquartered in New York City, the world's first cloud-native and AI-powered digital-era Loan Origination System (LOS) company, today announced the appointment of Andrea Silvers as Vice President of Business Development & Partnerships.

Founded by Pankaj Jain, a veteran in the industry, Algebrik is designed to address the challenges faced by mid-tier banks and credit unions struggling with high customer acquisition costs due to broken omnichannel journeys and manual processes. With its AI-first and cloud-native platform, Algebrik revolutionizes the loan origination process with cutting-edge, inclusive AI technology, delivering faster, more accurate, and personalized lending experiences.

“Andrea’s extensive experience as a Credit Union & Auto Finance Industry Growth Leader and her passion for fostering strategic partnerships will be invaluable as we build and grow Algebrik. We are confident that her skills will be a great asset in building relationships with clients & partners and fostering trust & innovation as we pursue our mission to help credit unions, mid sized banks, auto lenders & lenders of all sizes deliver loans digitally to their members / customers when & where they need the most via Algebrik’s future proof technology. I am thrilled to have her onboard,” said Pankaj Jain, CEO of Algebrik.

Commenting on her appointment, Andrea Silvers stated, “I am excited to join Pankaj at Algebrik at such a pivotal time. The company is at the forefront of innovation with the world's first cloud-native and AI-powered digital-era Loan Origination System, and I look forward to working with the talented team here to build momentum and drive new growth opportunities through strategic partnerships.”

About Algebrik.ai:

Algebrik AI is the world's first cloud-native and AI-powered digital-era Loan Origination System (LOS). Headquartered in the US, it provides a modern stack LOS solution, to credit unions, mid-tier banks that are struggling with legacy technology. Last innovation in lending tech was more than 25 years back, it is about time that credit unions, mid sized banks & lenders of all sizes switch to inclusive future proof lending technology - Algebrik AI which is built to attract, retain / engage and grow GenZ & GenAlpha members.

Fonte: Business Wire