Conductiv
- Company typePrivate
- Founded2020
- HeadquartersNew York, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
Conductiv firmographics
Firmographics- Name
- Conductiv
- Legal name
- Conductiv, Inc.
- Website
- https://conductiv.co
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Conductiv industry classification
Industry- Product category
- Lending Technology
- NAICS
- Credit Bureaus (561450), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)
- SIC
- Services-Consumer Credit Reporting, Collection Agencies (7320), Services-Computer Processing & Data Preparation (7374), Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Risk Scoring, Decisioning & Orchestration (FSAMALAB)
Keywords
Where Conductiv is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Conductiv business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations
Revenue model
- Platform Licensing with Success-Based Pricing: Conductiv pricing is cost-effective with lenders only paying when the platform works. The success-based pricing model means customers pay based on outcomes achieved (loan approvals, fraud prevented).
- Transaction/Usage-Based: Payment structure tied to usage and successful outcomes, aligning company incentives with customer success in loan approval improvements.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Outcome Based/ Performance | Pay-as-you-go | Success-based pricing |
Go-to-market motion3 records
Distribution channels6 records
Marketing channels8 records
Conductiv product offering
Product offeringCore offering
Conductiv operates an AI-powered data orchestration platform that aggregates borrower-permissioned data (income, employment, banking, identity, and business records) and applies machine learning to support digital income/employment verification, fraud detection, document tampering identification, and automated credit decisioning. The platform is delivered primarily through integrations with loan origination systems used by credit unions, community banks, fintech lenders, and CDFIs.
Product overview
Conductiv is a data orchestration platform offering AI-powered solutions for financial institutions, particularly credit unions. The core Conductiv Platform serves as the central offering, integrating with loan origination systems (MeridianLink, Jack Henry, Finastra, LendAPI) to provide income verification, fraud detection, and automated credit decisioning. The platform supports multiple loan types including auto, HELOC, personal, credit cards, mortgages, SMB, and commercial lending. Key modules include Digital Data Verification, Fraud Reduction, AI for Clarity, Income Verification, Bank Statement/Tax Return Collection, Automated Credit Decisioning, and Document Tampering Detection. The platform aggregates data from multiple sources (Plaid, Yodlee, Truv, Pinwheel, Ocrolus, Method, Urjanet, Ekata, Socure, Railz, Codat) and uses AI to analyze patterns, reduce fraud, and enable more confident lending decisions.
Differentiator
Problem solved
Functional benefit
Products and services
- Conductiv Platform
Quantifiable outcome
- Up to 47% increase in loan approval rates
- +4 more outcomes
Companies that use Conductiv
Customer profileNamed customers6 records
Segments4 records
Ideal customer profiles3 records
Conductiv technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration19 records
AI capability6 records
Feature6 records
Conductiv partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered customer partnership, core and featured.
- OCCUcustomer partnershipOCCU, a not-for-profit credit union headquartered in Eugene, Oregon, partnered with Conductiv to enhance income verification capabilities using AI technology for lending operations. The partnership aims to strengthen OCCU's lending performance and risk controls while improving borrower experiences.
- A+ Federal Credit Unioncustomer partnershipA+ Federal Credit Union (one of Texas' largest credit unions with 192,000+ members and $2.55B+ in assets) selected Conductiv to enhance lending efficiency, reduce manual friction, and deliver better, faster experience for members. A+FCU leverages Conductiv to simplify income, employment, cash-flow, and stipulation verification through permissioned data.
- MeridianLinkcoreDeep integration with MeridianLink Consumer LOS (Modern and Classic), Portal, and Automated Actions. Conductiv's data orchestration engine integrates seamlessly with MeridianLink's lending platform, enabling 2-4 hour implementation without technical resources. All data is converted to PDF and uploaded to MeridianLink Portal Documents tab. MeridianLink highlighted Conductiv partnership in their Q2 2024 earnings call, citing 47% lift in approval rates for joint customer Everwise Credit Union.
- Jack HenrycorePre-integrated with Jack Henry lending platform, offering automated workflows, AI-assisted underwriting, AI-assisted financial and credit analysis, and predictive analytics. Conductiv team leads sessions at Jack Henry Loan Vantage User Group events.
- FinastrafeaturedDeep integration with Finastra's MortgageBot platform, leveraging Conductiv's real-time data for income/employment verification. Enables lenders to reduce manual verification effort by at least 40%, accelerate onboarding, and strengthen fraud prevention.
- LendAPIfeaturedLendAPI 'no code' integration provides seamless user experience and immediate availability to Conductiv's decision engine. Conductiv data available as field values as well as human-readable PDF uploaded to LendAPI. Game-changer for verifying consumer and commercial cashflows and verification of income and employment.
- Filene Research InstitutefeaturedConductiv completed the Filene Research Institute Incubator program. Research documents how incorporating first-party permissioned data into lending practices can increase approval rates by up to 47%. Conductiv and partner credit unions presented findings at Filene SPARK!2024 conference.
- ICBA ThinkTech AcceleratorfeaturedConductiv was selected for ICBA ThinkTECH Accelerator program for community banks. The program enables community banks to directly engage and partner with innovative fintech companies. Conductiv presented at ICBA Live conference in Orlando, Florida.
Scale indicators6 records
Recent moves6 records
Expansion highlights6 records
Conductiv competitors and assessment
Company assessmentBroad incumbents
- Upstart: Upstart is a publicly traded AI lending platform that originated in consumer credit and now sells into banks and credit unions. It overlaps with Conductiv's alternative-credit and AI-clarity proposition but operates as a much broader, capital-heavy lending marketplace.
- Zest AI: Zest AI builds AI underwriting models deployed at credit unions and banks. It is a broader incumbent competing with Conductiv's AI-for-clarity decisioning module but with a different primary value proposition (model building vs. data orchestration).
Direct peers
- Pinwheel: Pinwheel is a direct payroll-data API provider used by lenders for income and employment verification. Conductiv lists Pinwheel as a partner and competes head-to-head for payroll-driven verification workflows.
- Plaid: Plaid is a leading open-banking connectivity provider used by lenders for cash-flow and bank account data. Conductiv integrates Plaid and competes in the same permissioned-data-for-lending workflow, though Plaid is broader across consumer finance use cases.
- Truv: Truv is an income and employment data network used by lenders for VOI/VOE. Conductiv lists Truv as a data partner and competes in the same consumer-permissioned income verification use case.
- Finicity (Mastercard): Finicity (now part of Mastercard) offers open-banking data connectivity for income, employment, and asset verification in lending workflows. It is a direct comparable in the consumer-permissioned-data-for-credit space where Conductiv plays.
- Ocrolus: Ocrolus automates income, bank statement, and document analysis for lenders using AI. It is both a data partner and a competitor in document verification for SMB and consumer lending.
- Argyle: Argyle provides employment and income data directly from payroll providers for underwriting and verifications. It targets the same lender buyer with a comparable permissioned-data approach as Conductiv.
- MX Technologies: MX provides financial data aggregation, connectivity, and analytics used by banks, credit unions, and fintechs. It competes with Conductiv at the data-orchestration and enrichment layer of digital lending.
- Yodlee (Envestnet): Yodlee provides financial data aggregation for lenders and is one of Conductiv's listed data partners. It competes with Conductiv at the account/cash-flow verification layer of digital lending.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights7 records
Customer concentration
Conductiv social profiles
Digital presenceConductiv compliance and trust
Trust signalCompliance1 record
Conductiv financial estimates
Financial estimateRevenue estimate
Valuation estimate
Conductiv leadership team
Management profileNumber of profiles
Profiles5 records
Conductiv funding detail
Funding detailFunding overview
Funding rounds2 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Conductiv M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Conductiv
What does Conductiv do?
Conductiv operates an AI-powered data orchestration platform that aggregates borrower-permissioned data (income, employment, banking, identity, and business records) and applies machine learning to support digital income/employment verification, fraud detection, document tampering identification, and automated credit decisioning. The platform is delivered primarily through integrations with loan origination systems used by credit unions, community banks, fintech lenders, and CDFIs.
Is Conductiv a public or private company?
Conductiv is a private company. It is classified as venture growth investor backed and is currently operating.
When was Conductiv founded?
Conductiv was founded in 2020. It employs 11 to 50 people.
Where is Conductiv based?
Conductiv is headquartered in New York, United States, in the North America region.
How does Conductiv make money?
Two revenue lines are on record. Platform Licensing with Success-Based Pricing is the primary driver. The others are transaction/Usage-Based.
Who are Conductiv's main competitors?
Broad incumbents on record are Upstart and Zest AI. Direct peers are Pinwheel, Plaid, Truv, Finicity (Mastercard), Ocrolus, Argyle, MX Technologies and Yodlee (Envestnet).
Does Conductiv have an API?
Yes. Conductiv offers a single API that provides access to all current and future data sources for data orchestration. The API enables integration with loan origination systems and provides access to income, employment, cash flow, tax return, identity, and business data. The platform is designed to be future-proof with a single API integration.
What industry is Conductiv in?
Conductiv's product category is Lending Technology. Its primary akta.pro industry code is FSAMALAB, Risk Scoring, Decisioning & Orchestration. Its NAICS code is 561450 and its SIC code is 7320.