QuadFi: Fintech Funding: QuadFi secures $100M for alternative digital lending

Canadian digital lender QuadFi has raised $100 million in debt financing, the fintech announced Wednesday. QuadFi, founded in 2015, uses artificial intelligence (AI), machine learning, and data analytics to provide lending solutions to customers with thin or non-existent credit. QuadFi's model originates and underwrites loans using information typically overlooked by traditional lenders, such as projected [...]