Grasshopper Partners With EnFi to Streamline Credit Analysis and Risk Management Through AI-Driven Solutions

Grasshopper, the client-first digital bank built for the business and innovation economy, today announced its strategic partnership with EnFi, an AI-driven risk management decisioning and monitoring platform for the private credit and lending space. Through the integration of EnFi’s AI capabilities, Grasshopper is deepening its commitment to strengthening its team, enhancing client service, and delivering a best-in-class digital banking experience.

“At Grasshopper, empowering talent through technology is at the heart of what we do, and our partnership with EnFi embodies this commitment,” said Mike Butler, CEO of Grasshopper. “Through our strategic partnership with EnFi, we seek to develop advanced AI-driven credit analysis and risk monitoring solutions that will not only streamline our operations but also enable our team to dedicate more focus to delivering exceptional, forward-thinking banking solutions for our clients.”

EnFi’s AI-driven platform is designed to transform credit assessment and risk analysis through real-time data aggregation and advanced analytics, paving the way for improved credit accuracy and streamlined processes at Grasshopper.

“EnFi’s AI platform represents the future of lending, with the potential to transform Grasshopper’s credit risk assessment and portfolio monitoring. Purpose-built for lending documentation and financial analysis, our Continual Risk Analysis™ is designed to enable  Grasshopper to move beyond traditional periodic reviews, empowering underwriters to make proactive, strategic lending decisions that drive growth,” said Joshua Summers, CEO and cofounder of  EnFi.

This partnership advances Grasshopper’s commitment to utilizing cutting-edge technology to reduce time-intensive processes and enhance overall efficiency, while also exemplifying Grasshopper’s partnership model, which consistently delivers innovative banking solutions tailored to the dynamic needs of startups and small businesses.