Lama AI is a startup that aims to revolutionize business lending in the financial industry. Their slogan "Unlocking business lending for banks, credit unions, fintechs, SaaS companies, and B2B brands" succinctly captures their mission. Founded in 2022, Lama leverages AI to create a lending exchange, enhancing small business access to bank-rated credit. Through their Exchange API, bank partners can seamlessly lend to a wider range of their existing customers without taking unwanted credit risk onto their balance sheets, thereby fueling their commercial lending business. The company's last investment of $9.00M in a Seed Round came on 27 October 2022, with participation from notable investors including SixThirty, Viola Ventures, Foundation Capital, Hetz Ventures, Elad Tsur, Shai Stern, and Nathaniel Harley. Lama AI's innovative approach and strong investor backing position it as a promising player in the finance, financial services, fintech, and banking industries. For more information, visit them at https://lama.ai/.
No recent news or press coverage available for Lama AI.