GO partners with Scienaptic AI to revolutionize automotive screening for millions
NEW YORK, NY (April 12, 2022) — Scienaptic AI, a leading global AI-powered credit decision platform provider, announced today that GO, a first-of-its-kind car subscription, has partnered with the company to provide enhanced and faster decisions to its customers. In partnering, GO looks to increase the availability of its offering using transformative technology in its screening and decisioning process.
GO provides consumers a cheaper and easier way to get their daily driver. GO thrives where other car subscriptions failed: Price. Through a complete reimagining of the car subscription model, GO saves customers around 20-30% per month compared to traditional car ownership. The entire process is handled online without stepping foot in a physical location. With Scienaptic’s AI-powered platform, GO will be able to offer quicker approvals, drive higher automation, receive enhanced risk signals and help more customers with poor credit history.
“Until now, the only attempts at innovation outside of the traditional automotive experience were extremely expensive and not practical for, or even desired by, most consumers. GO serves the mass audience of payment-driven shoppers looking to get the best car for their monthly budget. By removing all the things that add cost and frustration with little value in return, we provide customers a value proposition so compelling that it almost seems too good to be true,” said Michael Beauchamp, GO’s Founder and CEO. “Our partnership with Scienaptic allows us to further streamline our customer application and transaction process resulting in less friction and smarter screening to extend the GO offering to an even larger audience.”
Correspondingly, Pankaj Jain, President of Scienaptic AI, said, “We are excited to partner with GO Car Subscription, which is helping people achieve one of the basic requirements of modern times – car drivership for all. Our AI-powered platform will enable GO to assess potential customers faster, make advanced decisions and expand their business while reducing the associated risk significantly. We are looking forward to helping GO Car Subscription grow and ensure that millions of customers have the car of their dreams.”
About Scienaptic AI
Scienaptic AI’s mission is to increase credit availability across the globe by transforming the technology used in credit decisioning. Credit unions, auto lenders, banks, and fintechs, use Scienaptic's AI native credit decisioning platform to continually improve the quality and speed of their underwriting decisions. The platform enables FIs to reach more borrowers, including underbanked and underserved individuals, and say “yes” more often without increasing risk. It democratizes automated AI-powered lending while addressing all regulatory requirements, including Fair Lending and explainable adverse actions.
Scienaptic-enabled lenders have processed more than 300 million transactions, benefitting millions of borrowers. For more information, visit http://www.scienaptic.ai
About GO
GO is a simpler and more affordable alternative to traditional car ownership. Order a car online in under 5 minutes with just a few clicks and save 20-30% per month. All cars include routine maintenance, full factory warranty, inspections, title & registration, and roadside assistance. Apply with just a driver’s license and some basic information. No hard credit checks. Say goodbye to traditional car ownership at www.drivego.com.
