Informed.IQ has secured $63 million in funding to enhance its AI-driven platform aimed at fraud prevention and loan verification. This technology allows lenders to quickly verify critical information such as income, assets, and residency by analyzing a vast dataset of over two billion lending data points derived from more than 100 million loan documents. The efficiency of this system significantly reduces loan closing times from several days to mere minutes, which is a major advantage for lenders. The company reports that its technology has already facilitated loan originations exceeding $350 billion for seven of the top ten auto lenders in the U.S. The new funding from Invictus will help Informed.IQ expand its services into other areas, including mortgage lending, consumer loans, tenant screening, and government benefit administration. CEO Justin Wickett emphasizes that their platform addresses previously overlooked fraud, which has contributed to rising losses in the industry. This investment not only validates their approach but will also drive future growth.