Today: Jun 23, 2024, FinTech Leader, Highlights First Customer Results of Prescreen Acquire™

1 min read, a leading FinTech company, has announced the first customer results from its recently released Prescreen Acquire™. This tool complements Micronotes’ Digital Prescreen by leveraging 230 million consumer credit records to deliver hyper-personalized credit offers to creditworthy prospects. The company reports that one bank saw excellent results in customer acquisition and experienced a noticeable increase in consumer lending opportunities after using Prescreen Acquire™. In one campaign, the bank acquired 60 new creditworthy loan customers with a net profit after expenses of $1,875 per loan. This represents a significant cost savings for the bank compared to traditional customer acquisition methods.