Invictus Acquires Informed.IQ

Invictus Growth Partners has acquired Informed.IQ, an AI-based fraud detection company, for $63 million. Informed.IQ's platform supports over $350 billion in loan originations and is used by seven of the top ten US auto lenders. The company's AI agents verify income, assets, residence and other data points with high accuracy, shortening loan closing times.

The acquisition aims to expand Informed.IQ's reach into mortgage, consumer lending, tenant screening and government benefit administration. Invictus plans to leverage Informed.IQ's historical loan performance data to improve fraud detection and verification accuracy in these new sectors. This investment comes amid rising concerns about loan fraud, with non-mortgage write-offs increasing significantly.

Informed.IQ's technology analyses vast datasets to identify anomalies indicative of fraudulent activities. By integrating AI solutions, financial institutions can improve decision-making, prevent fraud, and manage risks effectively. The company's platform offers real-time transaction monitoring, behavioural analysis and adaptive learning to enhance fraud detection capabilities.