Lama AI, a provider of artificial intelligence (AI)-driven origination technology for the financial sector, has announced a partnership with Bridge, a digital platform connecting business owners with a network of lenders.
This alliance allows Lama AI’s clients to utilise Bridge’s marketplace, facilitating the sourcing of business loans from various sources.
The partnership aims to integrate the strengths of both companies. Lama AI’s technology in sourcing and origination will be complemented by Bridge’s diverse network, providing banks with opportunities to diversify their portfolios and improve efficiencies in pre-qualification and origination processes.
Lama AI is known for its Responsible AI approach in banking. The company’s technology boosts operational efficiency and supports portfolio growth through features such as AI-assistant, smart document management, and automated credit decisioning workflows.
Lama AI’s embedded distribution product, Flow, transforms financial institutions’ access to distribution channels, enhancing operational effectiveness.
Bridge co-founder and chief operating officer Harte Thompson said: “We’re thrilled to partner with Lama AI, which shares our mission to improve and make commercial lending more accessible for underrepresented communities.
“This collaboration enhances our ability to connect business owners with the best lending opportunities, providing a seamless and efficient solution that benefits both lenders and borrowers. By leveraging Lama AI’s advanced capabilities, we are confident in our ability to expand our reach and better serve the diverse needs of our clients.”
Bridge is a digital platform that connects middle-market borrowers with various debt capital providers. It offers businesses and real estate developers a straightforward financing process while allowing lenders to reach new target markets.
The network of lenders on Bridge includes regional and national commercial banks, community development financial institutions (CDFIs), minority depository institutions, and private lenders.
Lama AI CEO and co-founder Omri Yacubovich said: “We are excited to partner with Rohit, Harte, and the Bridge team, marking a significant step toward democratising market collaboration and unlocking opportunities in the business lending landscape. Banks shouldn’t limit their future growth to a single source of loan opportunities.
“Instead, they should focus on ensuring their technological readiness to expand their reach, enabling them to become agile and efficient players in digital and embedded lending ecosystems.”
Lama AI provides a comprehensive origination platform, helping banks improve efficiency and achieve significant portfolio growth. The company’s solutions enable banks to onboard customers quickly and offer a wider range of financial products while managing risk levels effectively.