About Momnt
Momnt is an embedded lending platform that removes the barriers between banks and consumers and allows merchants to extend their products and services to a broader audience. Built as a sophisticated constellation of API engines, Momnt uses alternative data and machine learning to assess creditworthiness more accurately, moving away from traditional one-size-fits-all and ‘black box’ methodologies. The company’s algorithms and architecture empower lenders and businesses to utilize alternative data and AI-informed decision-making, providing a comprehensive view of a prospect's creditworthiness and presenting a personalized list of loan offers in real time. Momnt's platform revolutionizes how merchants offer financing solutions. By connecting lenders with borrowers through a dynamic and innovative platform, Momnt simplifies the lending process and removes barriers to investments. By giving lenders more space to make an offer, Momnt helps drive increased ticket sizes while generating higher returns and cross-selling with other products. It’s also a turnkey offering, directly distributing the funds to all parties when the work is complete and eliminating core processor integration.