OverviewSuggest Edit

DigiFi (formerly known as Promise Financial) is a company that provides underwriting automation solutions, including credit policy digitization and machine learning models. The Company's solutions help lenders reduce default rates and approve more borrowers. 

TypePrivate
Founded2014
HQNew York, US
Websitedigifi.io

Latest Updates

Employees (est.) (Oct 2020)20(+6%)
Cybersecurity ratingBMore

DigiFi Office Locations

DigiFi has an office in New York
New York, US (HQ)
25 Broadway #9075
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DigiFi Financials and Metrics

Summary Metrics

Founding Date

2014

DigiFi total Funding

$4.1 m

DigiFi latest funding size

$3 m

Time since last funding

5 years ago
DigiFi's latest funding round in March 2016 was reported to be $3 m. In total, DigiFi has raised $4.1 m
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DigiFi Cybersecurity Score

Cybersecurity ratingPremium dataset

B

85/100

SecurityScorecard logo

DigiFi Online and Social Media Presence

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DigiFi Blogs

What is a BRMS Rules Engine (and Should My Company Use One)?

A BRMS is a low-code environment for managing and deploying rules-based decision processes — and yes, you should use one!Our Story (The Brief Version)Before starting DigiFi, our team ran an online lending business that issued personal loans to individuals. It was a fast paced, nimble startup that wa…

The Best Data Providers for Lending & Underwriting Decisions

Automated lending decisions require quality, clean data that can be instantly analyzed to make lending decisions. The U.S. lending ecosystem offers a wide array of amazing data providers and we’ve grouped the leading providers into five categories: Traditional Credit Bureaus Alternative Credit Burea…

Driving Auto Insurance Underwriting into the Future

Auto insurance is a hyper-competitive industry. The primary basis of competition is price, and popular “comparison” websites let customers easily compare options from multiple insurers. Underwriting is critical for all types of insurers and this is particularly true within auto given the head-to-hea…

Transforming Specialty Auto Lending with Automated Machine Learning

Specialty auto lenders are unheralded champions of the economy — they make auto loans available to people with below average credit who would otherwise be unable to buy a car. These cars help people get to work, travel and elevate themselves in life, driving short-term and long-term economic benefit…
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DigiFi Frequently Asked Questions

  • When was DigiFi founded?

    DigiFi was founded in 2014.

  • How many employees does DigiFi have?

    DigiFi has 20 employees.

  • Who are DigiFi competitors?

    Competitors of DigiFi include FnO, Slice and Matchi.

  • Where is DigiFi headquarters?

    DigiFi headquarters is located at 25 Broadway #9075, New York.

  • Where are DigiFi offices?

    DigiFi has an office in New York.

  • How many offices does DigiFi have?

    DigiFi has 1 office.