Alloy, a New York City-based platform for financial services industry players to make data-driven customer decisions, raised $3.8m in seed funding.
The round was led by Eniac Ventures.
The company intends to use the funds to continue to expand operations and develop the platform.
Led by Founded by Tommy Nicholas, Charles Hearn and Laura Spiekerman, Alloy provides banking and financial institutions with an API to
access various aggregated identity databases and a dashboard through which to organize and analyze customer onboarding data, improve customer conversion through the compliance funnel, reduce risk & fraud, and speed up previously manual back-office processes.
The solution is live with several customers such as Radius Bank in Boston.