Kansas City-based nbkc bank has invested in two Bay Area graduates of its Fountain City Fintech programme, a 75-day accelerator for scaling promising startups.
ProPair uses artificial intelligence to pair up mortgage leads with individual loan officers, rather than distribution based on seniority or guesswork.
As the first customer of ProPair, nbkc piloted the software in the bank’s home loans division.
Eric Garretson, CFO & fintech strategy leader with nbkc, says: “We have tremendous confidence and respect for ProPair’s founders and experienced first-hand how its smart pairing improves customer experience and loan officers’ success,” said .
Track, also based in San Francisco, uses machine learning to estimate and auto-remit quarterly taxes to the IRS for gig economy entrepreneurs and small business owners.
Nbkc's Fountain City Fintech prgamme is the first partnership accelerator run by A US community bank. Track and ProPair are two of six startups to have completed the curriculum.