Connect with us

The Plunge Daily

Lentra acquires AI startup TheDataTeam to accelerate digital lending platform biz

Lentra acquires AI startup TheDataTeam to accelerate digital lending platform biz

Fintech

Lentra acquires AI startup TheDataTeam to accelerate digital lending platform biz

Lentra AI, a digital lending cloud platform, on Tuesday announced the acquisition of AI company TheDataTeam (TDT).



Lentra would deploy TDT’s flagship behaviour intelligence platform Cadenz to help banks and financial institutions make better data-driven decisions on customer creditworthiness based on their unique financial journey, according to a release. This will help launch new, innovative products for a faster go-to market.


Also read: UP govt approves proposals to set up 4 data centre parks at Rs 15,950 cr investment

Lentra has acquired AI startup TheDataTeam to accelerate digital lending platform business, the statement said. “The cloud-native platform works with over 50 banks and financial institutions, and has processed over 13 billion transactions,” it added. Post the acquisition, Rangarajan Vasudevan, Founder and CEO, TDT has joined Lentra as co-founder and Chief Data Officer. Lentra is backed by HDFC Bank, Bessemer Venture Partners and SIG.


1 Comment

1 Comment

  1. Pingback: US state governors and LGs vouch for strong ties with India; pitches for FDI from India

Leave a Reply

Your email address will not be published.

To Top
Loading...