Viking Asset, the home of high-performing and aspirational asset finance brokers, is the latest aggregator to license award-winning fintech provider LoanOptions.ai’s flagship technology AILO. The partnership will see Viking Asset’s hundreds of brokers with access to the AI-powered unbiased asset finance loan matching technology as a subscribed service.
The partnership represents a significant step forward in bringing sophisticated AI solutions to brokers who want to stay competitive. The white-label technology will be seamlessly integrated across Viking’s Matrix and Raven systems, allowing brokers to offer their clients a world-class digital application experience in their own branding.
AILO is an ISO27001-certified, AI-native system built by LoanOptions.ai which applies machine learning and neural network models to predict the likelihood of loan approval across a panel of over 90 lenders. The application process is simple for a customer, who only needs to provide their driver’s license, bank statement, and a pay slip. AILO takes care of the rest. Within minutes, it displays actual rates and fees a customer is actually eligible for, and applying has no impact on a customer’s credit score – no matter how many times they apply.
Simon Gwynne (pictured left), General Manager at Viking Asset said, “At Viking, we’re dedicated to supporting our brokers and empowering them with a competitive edge. Investing in their access to the latest technologies is a huge part of it. When we looked for an AI partner, LoanOptions.ai was the natural choice. We’re confident this partnership will help our members accelerate their growth and deliver a superior client experience.
Julian Fayad (pictured right), Founder and CEO at LoanOptions.ai, said, “We’re inspired to see Viking investing in their brokers’ access to important technology. Our partnership is a perfect example of what can be achieved when two forward-thinking companies come together to solve a shared industry problem. We’ve spent years building technology that removes the drudgery, opacity, and inefficiency from the loan process. Partnering with an aggregation group like Viking allows us to get these tools into the hands of brokers who are ready to innovate and grow. It’s an exciting step forward for the industry as a whole.”
The agreement is the latest in a series of announcements by the technology provider as it distributes its award-winning SaaS offerings to leading brokerages, aggregators, retail sites and more.