Here's what they're saying.
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Mahesh Raghavan
Associate Partner - Digital Strategy and Innovation at Infosys "We partnered with Neener Analytics because they have solved the most fundamental aspect of banking that is broken - assessing a person's financial risk. Current FICO-based models are backward looking and do not enable lenders to really know their customer. Neener Analytics fills this whitespace bringing back a person's worthiness based on their unique characteristics and ability to pay in the future, and not a series of past payments like FICO does." Scott Carter
COO, Brain Corporation (former Head of Global Business @ Experian) (former CEO @ ID Analytics) "At ID Analytics, we used deep learning and other advanced machine learning methodologies to monetize "alternative data" for credit underwriting. The Credit Optics score provided orthogonality to the FICO score and other legacy credit solutions. Our solution was rapidly adopted by the majority of top tier banks, auto lenders, credit card issuers and wireless carriers. Neener is tackling some of the same challenges but, candidly, doing so in a more progressive, easier to implement and geographically expansive way than we were able to. The company is led by a visionary Founder CEO and he is complemented by a world-class co-founder scientist. Neener provides compelling quantitative benefits to financial institutions. However, they do so with a level of transparency that overcomes regulatory and consumer friction that has challenged other "alternative" credit solutions. Neener is attacking a set of critical unmet needs - which are salient now, more than ever. " Customer (anonymous)
Chief Data Scientist “We're a well-known high volume lender and because Neener’s results are so powerful, we see them as giving us a competitive advantage and therefore are a bit hesitant to reveal unanonymized that we are currently in pilot right now. Having said that, your default predictions have dramatically reduced our defaults, and we are finally saying ‘yes’ to the right people and ‘no’ to the right people." Greg Palmer
VP Finovate "Finovate represents the who’s who in fintech so it’s not surprising to see Neener Analytics selected as a Best of Show at Finovate2017 and Finovate 2019. Neener’s approach is unique, with the potential to have a huge impact in the space, and they’ve got the kind of solution that really resonates with key decision-makers across the fintech spectrum." Dr. Matthias Mehl, PhD.
Professor of Psychology, University of Arizona “Neener combines the power of the science of personality and behavior and the power of big data social media analytics to gain unique insight into consumer financial decision making. “ Brian Alford,
Attorney @ Miller Egan, Austin Tx “The Neener Analytics team has developed a product that clearly adds value (and saves $$) for its target customers, has already garnered strong interest from such customers, and has surpassed material regulatory hurdles that have completely stalled other startups in this space.” |
Chris Barry Product Innovation Manager, FIS Global
"Neener Analytics is an FIS portfolio company. We invested because they are solving a fundamental problem faced by virtually every one of FIS’s global customers: how to say “yes” to more borrowers without increasing their risk threshold. We hadn’t seen anything like them before. They are receiving a ton of positive attention from internal lines of business as well as from our client base. Jeff LoCastro as a founder and CEO is highly innovative and along with co-founder & CTO Marc Thomlinson CTO, we don’t see a ceiling on where this could go. " Daniel Schutte Managing Director, The Venture Center
"Neener Analytics is an incredible company with the supremely rare combination of 1) game-changing tech in a vertical that has remained largely unaltered for decades, and 2) a seasoned founding team. Either of those two things is enough to pay close attention, both at the same time is so exceedingly rare that it becomes difficult to fathom 'how high is high' for Neener. Disruptive tech, and disruptor team. Neener is a winner." Kellie Harper
Vice President, Business Development & Due-Diligence, WebBank (former). SVP Consumer Credit, MetaBank “Neener Analytics has developed an innovative prediction system using personality & behavior analysis. Real breakthrough stuff; perfect solution for understanding high risk individuals and portfolios. In my role as a Business Development Officer at WebBank, I see a variety of scoring systems frequently and the Neener solution, is very unique; there isn't another like it. Jeff and his team are on the right track. When I think of 'alternative underwriting' I think of Neener Analytics.” Anthony Chong
Founder/CEO @ Statsketch "Whereas many in the industry are recycling staid data that provides little competitive advantage and at best small marginal improvement, Jeff and Neener have the audacity to attack new datasets in a way that provides real promise of significant improvement. It's rare to find entrepreneurs like Jeff who have the audacious vision matched with a clear plan of execution.” Jim Schoebel
Managing Director, CyberLaunch VC Accelerator CEO, NeuroLex Diagnostics "Neener Analytic's technology will transform how creditors detect and remediate risk and will empower consumers with the kind of analytics that not only helps businesses make tremendously better decisions, but also for the first time allows credit-challenged consumers authentic access to financial and consumer markets." Dr. Jason Rentfrow, PhD.
Professor of Psychology, Cambridge “Neener integrates cutting-edge behavioral and personality science with technology to deliver a unique solution to a really big problem.” Dr. Matt Jackson, PhD.
Professor of Economics, Stanford University “The basic techniques behind credit scoring have not advanced in decades, despite enormous advances in technology and availability of data. Neener Analytics is a game changer - no longer will people think about assessing credit risk solely based on a person's financial history.” |