51 - 100 employees
Series B
Enterprise Software / SaaS
FinTech & Payments

Numerated Company Overview

Recently named a Top 50 Boston Startup to Watch in 2019, Numerated is breaking through the crowded fintech market by helping banks reinvent business banking for the digital age. Businesses are critical to bank balance sheets, and loans are a runway for gathering deposits, feeding larger C&I loans, and expanding share-of-wallet. However, technology has changed business banking: customers demand faster, simpler, omnichannel products/services, and banker and retail teams are in painful need of tools and data to help them attract customers and sell products.

Numerated was founded to help banks thrive in this modern business banking landscape with its real-time lending and growth platform. Numerated’s end-to-end platform unlocks profitable bank growth through a powerful combination of real-time lending customer experience, automated underwriting, and modern marketing and sales tools.

Numerated’s technology was originally developed within and for $11B Eastern Bank, the largest mutual bank in the US. After growing its portfolio 4X into the #1 SMB lender in Boston (out-competing megabanks, and generating $2K in cost savings per loan and a 2X increase in WAIR), the technology was spun out in 2017 as an independent company backed by leading fintech investors, including Venrock and FIS.

In 18 months since this spin-out, Numerated is quite literally breaking through the fintech noise. The software has been adopted by top business banks, including Bremer, First Federal Lakewood, Franklin Synergy, Horizon, MidFirst, People’s United, Seacoast, and more. Banks have decisioned $500M through the software, which supports loans and lines of credit up to $250K, combination loans/LOCs, SBA loans, business credit cards, business overdraft, and agricultural loans.

Our Investors

Numerated Investors

Jobs at Numerated

 
7 Jobs Listed
Clear Filters
Boston
Overview Numerated is a 3-year-old fintech undergoing hypergrowth. Weve grown our customer base 5X in 2020 by providing banks and credit unions with digital lending and account opening solutions to rapidly digitize and address industry challenges due to Covid-19. We are looking to welcome a strong product marketer to join our team as part of this exciting opportunity. The primary responsibility and goal for this role includes ownership of translating our platform and solutions into compelling benefits that provide clarity to buyers, strengthen our strategic narrative, and ultimately grow...
Marketing
Boston
About Numerated / Numerated is a fast-growing, venture-backed financial technology company powering digital transformation at banks. At the intersection of a changing lending landscape and the on-demand, digital-first economy, Numerated was founded to help banks thrive in the modern lending market. Numerated's end-to-end platform helps banks attract and win business customers through a powerful combination of real-time lending, data science, digital customer experience, and marketing automation. Our great people are at the heart of our company and key to our success. We...
Product Management
Boston
About Numerated / Numerated is a fast-growing, venture-backed financial technology company powering digital transformation at banks. At the intersection of a changing lending landscape and the on-demand, digital-first economy, Numerated was founded to help banks thrive in the modern lending market. Numerated's end-to-end platform helps banks attract and win business customers through a powerful combination of real-time lending, data science, digital customer experience, and marketing automation. Our great people are at the heart of our company and key to our success. We...
Product Management
Boston
About Numerated / Numerated is a fast-growing, venture-backed financial technology company powering digital transformation at banks. At the intersection of a changing lending landscape and the on-demand, digital-first economy, Numerated was founded to help banks thrive in the modern lending market. Numerated's end-to-end platform helps banks attract and win business customers through a powerful combination of real-time lending, data science, digital customer experience, and marketing automation. Our great people are at the heart of our company and key to our success. We...
Product Management
Boston
About Numerated / Numerated is a fast-growing, venture-backed financial technology company powering digital transformation at banks. At the intersection of a changing lending landscape and the on-demand, digital-first economy, Numerated was founded to help banks thrive in the modern lending market. Numerated's end-to-end platform helps banks attract and win business customers through a powerful combination of real-time lending, data science, digital customer experience, and marketing automation. Our great people are at the heart of our company and key to our success. We...
Software Engineering/QA
Boston
About Numerated / Numerated is a fast-growing, venture-backed financial technology company powering digital transformation at banks. At the intersection of a changing lending landscape and the on-demand, digital-first economy, Numerated was founded to help banks thrive in the modern lending market. Numerated's end-to-end platform helps banks attract and win business customers through a powerful combination of real-time lending, data science, digital customer experience, and marketing automation. Our great people are at the heart of our company and key to our success. We are...
Software Engineering/QA
Boston
About Numerated / Numerated is a fast-growing, venture-backed financial technology company powering digital transformation at banks. At the intersection of a changing lending landscape and the on-demand, digital-first economy, Numerated was founded to help banks thrive in the modern lending market. Numerated's end-to-end platform helps banks attract and win business customers through a powerful combination of real-time lending, data science, digital customer experience, and marketing automation. Our great people are at the heart of our company and key to our success. We...
Software Engineering/QA
265 Franklin St, Fl 3
Boston, MA 02110

Blog

November 24, 2020
Banks and credit unions are facing one of the most difficult Q4s in recent memory. At a time when budgets are usually set and attention shifts to the holidays and the year ahead, instead financial institutions find themselves juggling PPP Forgiveness and the unknown of 2021....
November 12, 2020
As 2021 approaches, what are the challenges your financial institution is facing?...
November 10, 2020
It’s hard to believe but we’ve just passed the 90-day mark for the first cohort of PPP Forgiveness applications, meaning the Small Business Administration has ramped up their activity in response....
October 28, 2020
With the Senate adjourned until Nov. 9 it is now all but certain that a new round of stimulus will not be passed before the 2020 election....