Zest AI

OverviewSuggest Edit

Zest AI (formerly ZestFinance) is a financial services technology company that develops underwriting technology. It utilizes machine learning and data science to transform vast amounts of complex data into credit scores identifying borrowers with higher repayment rates for lenders and lower-cost credit for consumers. The company provides a technology that relies on several mathematical models running in parallel to make underwriting decisions and allows customers to avoid human interaction in underwriting.

TypePrivate
Founded2009
HQBurbank, US
Websitezest.ai
Employee Ratings3.9

Latest Updates

Employees (est.) (May 2020)82(-5%)

Key People/Management at Zest AI

Douglas Merrill

Douglas Merrill

Founder & CEO
Mike de Vere

Mike de Vere

Chief Operating Officer
Sonya Merrill

Sonya Merrill

People Operations
Jay Budzik

Jay Budzik

CTO
Kareem Saleh

Kareem Saleh

EVP
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Zest AI Office Locations

Zest AI has offices in Burbank and Los Angeles
Burbank, US (HQ)
3900 W Alameda Ave Floor 30Burbank
Los Angeles, US
1377 N Serrano Ave
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Zest AI Financials and Metrics

Zest AI Online and Social Media Presence

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Zest AI News and Updates

ZestFinance and MeridianLink team on ML credit decisioning

ZestFinance, the leader in artificial intelligence (AI) software for credit, announced today its int...

Digital Matrix Systems and ZestFinance ring machine learning to credit scoring

Digital Matrix Systems (DMS), an international risk management firm specializing in support of the e...

ZestFinance Using AI To Bring Fairness To Mortgage Lending

ZestFinance rolled out a new tool that enables lenders to test their models to ensure they are no biased or discrimination built in.

ZestFinance ports AI credit tool to Microsoft Cloud

Today, ZestFinance announced a strategic collaboration with Microsoft to deploy Zest's machine learn...

ZestFinance and Prestige Financial Services Deploy First AI-Powered Credit Scoring Model In Subprime Auto Lending Industry

LOS ANGELES, Sept. 27, 2018 /PRNewswire/ -- ZestFinance, a leading artificial intelligence (AI) software company that uses machine learning to vastly improve credit underwriting, today announced a partnership with subprime auto lender Prestige Financial Services to implement the...

Ford Credit and ZestFinance team up to enhance risk modeling, better serve consumers and lower credit losses

Ford Motor Credit Company and ZestFinance today announced the results of a study that measured the effectiveness of machine learning to better predict risk in auto financing and potentially expand auto financing for millennials and other Americans with limited credit histories. As a result of the st…

Zest AI Blogs

Zest's 2020 Predictions For AI In Credit And Lending

If 2019 was the year artificial intelligence (AI) went from idea to reality for many lenders, 2020 is going to be the year AI becomes a must-have. A November survey of 1,500 top executives by Accenture found that 72% of banking heads say their companies risk going out of business in five…

There’s A Fix To The Problem Of Biased Algorithms in Lending

It’s been a rough few months for algorithms in the lending business.

Today's Fair Lending Guidelines Support AI Underwriting. Let's Not Weaken Them.

Strong fair lending guidelines support more responsible lending and can encourage the development of fair and transparent AI in underwriting. A proposed rule change by HUD endangers critical legal tools for fighting lending and other forms of discrimination, and may also lead to the wron…

How To Sell The Value Of AI Inside Your Company

Artificial intelligence (AI) and machine learning (ML) can offer consumers better access to fairly priced loans, and better margins for banks through more accurate lending. Deployed properly, ML underwriting has clear external value. But selling the value of AI internally is still a heav…

Zest AI Partner Profiles: Mark Dreux of DMS On Using AI To Power The Future Of Risk Management

When Digital Matrix Systems began offering risk management solutions to credit underwriters in 1982, the financial landscape looking a whole lot different than it does today. Interest rates that year peaked at 21%, inflation was over 6% and banks were failing at rates not seen since the …
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Zest AI Frequently Asked Questions

  • When was Zest AI founded?

    Zest AI was founded in 2009.

  • Who are Zest AI key executives?

    Zest AI's key executives are Douglas Merrill, Mike de Vere and Sonya Merrill.

  • How many employees does Zest AI have?

    Zest AI has 82 employees.

  • Who are Zest AI competitors?

    Competitors of Zest AI include Earnest, LoanSnap and Bokio.

  • Where is Zest AI headquarters?

    Zest AI headquarters is located at 3900 W Alameda Ave Floor 30Burbank, Burbank.

  • Where are Zest AI offices?

    Zest AI has offices in Burbank and Los Angeles.

  • How many offices does Zest AI have?

    Zest AI has 2 offices.