The Work Index by Flexa

Informed.IQ

Informed.IQ is a fintech company that uses AI and machine learning to automate document processing and verification for lenders.

https://informediq.com/
5.6

/10

Transparency ranking

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Description

Informed.IQ is a fintech company specializing in data-driven employment and income verifications for lenders. They utilize artificial intelligence (AI) and machine learning (ML) to automate the verification process, helping lenders reduce fraud, expedite onboarding, and improve compliance. Informed's vertical AI models are customized to meet lenders' specific needs, processing various document types including pay stubs, bank statements, and tax returns. They also leverage a comprehensive data consortium containing over 1.5 billion lending data points to detect misrepresentation and assess individual applicant fraud risks.

Informed.IQ's solutions are designed to be easily integrated with existing loan origination systems, offering a quick speed to market. The company serves a wide range of clients, including 7 of the top 10 auto lenders in the US, credit unions, and various consumer lenders. They are committed to lowering the cost of credit and promoting financial inclusivity, ensuring transparency and compliance in the lending industry.

Flexibility

Informed.IQ offers flexible work arrangements, with the option of working remotely. While specific details about scheduling or remote work policies aren't explicitly mentioned, the focus on a fast-paced startup environment suggests a degree of flexibility in work hours and location. The company's emphasis on a collaborative and supportive environment may also indicate a willingness to accommodate individual employee needs regarding work flexibility.

Benefits

Informed.IQ promotes a relaxed and collaborative work environment with no hierarchy or politics. They offer a strong emphasis on team building and social activities, including outdoor adventures like camping, skiing, hiking, and boating. The company also has a family-oriented culture, encouraging significant others and children to participate in events.

Mission

Informed.IQ is a data-driven company focused on lowering the cost of credit using AI-powered solutions. They aim to achieve real-time transparency in the lending process, promote greater financial inclusivity, and improve compliance by automating verifications and reducing fraud. Their mission is to create a more efficient, secure, and accessible credit system for both lenders and borrowers.

Automation
Data-driven
Disruptor
Social impact led
Tech for good

Culture

Informed.IQ promotes a collaborative and fast-paced startup environment where employees work together to solve complex business problems using technology. The company emphasizes a flat hierarchy, fostering an environment free of politics, and encourages participation in outdoor activities and team-building events, often including families. This creates a family-oriented and inclusive culture that values both professional development and personal connections.

Agile and dynamic
Collaborative
Engaging
Entrepreneurial
Fast-paced
People-first
Progressive
Supportive

DE&I

Informed.IQ recognizes the importance of diversity, equity, and inclusion (DEI) in building a successful and innovative company. They are dedicated to fostering a workplace that values diverse perspectives, promotes equity, and creates an inclusive environment for all employees. They demonstrate this commitment through active efforts to attract, retain, and enable employees from a variety of backgrounds, and they recognize the importance of creating safe and welcoming spaces for women in tech.

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