EnFi, Inc

Blackstone just acquired a $1B loan portfolio from Santander, and it's revealing something fascinating about the transformation in infrastructure financing. Let me try to unpack what makes this interesting - particularly around Basel III regulations. These rules require banks to hold more capital against long-term loans, which creates a unique challenge for infrastructure lending. The dynamics here are compelling: Infrastructure projects typically need loans that stretch 20+ years to match their lifecycles. Under Basel III, banks must hold substantially more capital in reserve for these longer-term loans - even for investment-grade infrastructure projects. This impacts their return on equity, making these loans less attractive to keep on their books, despite solid performance. What we're seeing looks to me like a perfect storm: Banks need to optimize their balance sheets, while infrastructure financing demands are growing. Enter private credit providers like Blackstone, who operate without the same regulatory capital constraints. The portfolio composition tells its own story - digital infrastructure, renewables, energy efficiency, and transportation across Western Europe and the US. These stable, cash-flowing assets align perfectly with insurance company investment needs - reflected in Blackstone's insurance capital growth of 24% year-over-year to $221B in Q3. We could be witnessing a significant shift in infrastructure financing. As banks navigate regulatory pressures, new players are emerging with new structures and new needs to managing these complex credit portfolios. EnFi, Inc is focused on Continual Risk Analysis of portfolios just like this. #PrivateCredit #Infrastructure #FinTech #Banking #RiskManagement #ContinualRiskAnalysis #Lending

Today, we’re excited to share that EnFi, Inc's AI-powered platform will help scale Grasshopper Bank's credit analysis and risk management operations, enabling their team to make faster, more informed lending decisions. Looking forward to working alongside Mike Butler and the entire Grasshopper Bank team as we reshape the future of lending together. Check the comments for the link to the full announcement. #FinTech #Banking #AI #FutureofLending

Thank you Keith Cline and the VentureFizz team for bringing together Boston's AI innovators at yesterday's AI Wave Conference! A highlight was watching our Co-Founder and CTO Scott Weller share his journey on the AI Founder Panel. Beyond sparking debate as to whether or not moats exist in today’s fast-moving AI world, Scott's analogy about solving people’s pains really struck home: "You win by being top of mind when people have a pain. Your?product?should be the immediate solution people think of when facing challenges, just like Tylenol is for headaches." This perfectly captures what we're building at EnFi. By starting with a focused approach to lending operations and private credit portfolio management, we're creating that "go-to solution" for an industry ready for transformation. While there's growing enthusiasm around AI doing everything, we're focused on delivering reliable, specialized solutions that truly matter to our customers. Grateful to be building in Massachusetts, where the intersection of finance and technology creates the perfect ecosystem for innovation like this. #BostonTech #AIinFinance #FinTech #VentureFizz #PortfolioManagement

We have 4 of the top AI startups in the Boston tech scene featured on our AI Founder panel next Wednesday, Nov 6th in Boston! This invite only event is for founders, investors, and operators. It includes 3 panels and peer networking. Request an invite here: https://vfizzevents.xyz. The cost is only $100 to attend. AI Founder Panel Speakers: * Jonathan Corbin, CEO & Co-Founder of Maven AGI - back in May raised $28M for Gen AI in customer support. * Scott Weller, CTO & Co-Founder of EnFi, Inc - announced $7.5M in seed funding back in June to revolutionize how financial institutions assess and monitor credit risk. * Lior Div, CEO & Co-Founder of 7AI - announced a $36M seed round of funding in June with a mission to arm defenders with AI, turning the tide in the cybersecurity battle. * Izzy Azeri, Co-Founder of mabl - raised $77M in total funding for its AI-native test automation platform. And, we are excited to have Patricia Geli, Managing Partner & COO of C10 Labs, moderate this panel! C10 Labs is a venture studio fund dedicated to reshaping the landscape of AI-first startups.?

We have open roles in engineering, product, and more. Check out our careers page and come meet us in person! https://lnkd.in/e43sYQUK

Our CTO and Co-Founder Scott Weller was on a great panel with Shari Noonan and Sarah Biller during #BostonFintechWeek. Check out his key takeaways shared below. #PrivateCredit #Fintech

Our CTO and Co-Founder Scott Weller will be at Money20/20. Will you? Connect with Scott to learn more about how our AI will accelerate bank and private lending portfolio management workflows.

I recently posted about EnFi, Inc’s intelligent and secure finance-first Loan Documentation Classification. Now, let’s dive into what happens after documents are classified: Extraction! Our AI identifies and extracts key loan obligations from complex financial documents, providing portfolio managers with a clear, concise view of what needs monitoring. We’ve heard over and over in customer calls that documenting the obligations for a loan are some of the most tedious and time consuming tasks when it comes to portfolio management. We’ve taken this task from hours to minutes. ?? Why it matters: Understanding and tracking loan obligations is crucial for effective risk management and compliance in lending. It’s often a time-consuming and tedious task for humans to complete. ?? How it works: After documents are uploaded or connected from secure storage, our AI scans them to identify and extract critical obligations. It then categorizes the obligations by type, identifies the reporting period(s) and submission windows for each obligation, and presents them in an easily digestible format. Our AI focuses on finance and is fine-tuned for loan legal agreements. ?? The impact: This feature significantly reduces manual effort and potential human error, ensuring that no important obligations are overlooked. It's trained to extract obligations buried in pages of legalese from Loan and Security Agreements, Credit Memos, and Credit Policies in a matter of minutes! This innovation is a cornerstone of our Continuous Risk Analysis?? approach. By automating this complex task, we're enabling lenders to stay on top of their portfolio risks in near real-time, facilitating faster and more informed decision-making. Curious about how this works? Want to chat about how this could work for your institution? Reach out to schedule a demo! #FinTech #AI #RiskManagement #ComplexCredit #Compliance #EnFi

Interested in working in AI in Massachusetts? Please join us at the AI in Massachusetts Workforce Development in Career Fair on October 29, 2024.

We're excited to attend the VentureFizz AI Wave Conference and have EnFi, Inc represented with our CTO and Co-Founder Scott Weller featured on the AI Founders panel.