EXCLUSIVE: Fintech Marketplace Janover Reports Growth In Lender Engagement Metrics
Portfolio Pulse from Vandana Singh
Janover Inc (NASDAQ:JNVR), an AI-enabled B2B fintech marketplace, reported significant growth in lender engagement metrics following the implementation of AI. The company saw a 133% increase in first-party data updates from Q2 and a 24% sequential increase in originator sign-ups on the Janover platform for the quarter ended September 30, 2023. Approximately 9% of all banks in the U.S. have now registered on the company’s platform.
October 05, 2023 | 12:00 pm
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Janover's successful AI implementation has led to significant growth in lender engagement metrics, which could potentially boost the company's revenues and market position.
The reported growth in lender engagement metrics indicates that Janover's AI implementation has been successful. This could lead to increased revenues as more lenders and originators sign up on the platform, and could also strengthen Janover's market position as a leading AI-enabled B2B fintech marketplace. The fact that 9% of all US banks have registered on the platform is a positive sign for the company's growth prospects.
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