“When we started, we could only score about 60% of our applicants. Now we can score more than 95%.”
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Mitra: OnDeck uses two to three human reviewers per loan application
“The second is loan applications. So there it, you know, it's typically two to three people so in the, in, in the case of, for example, industry prediction we would predict an industry, but we're not gonna automatically classify a loan applicant right off the b…”
Abhra MitraMay 28, 2014▶ 20:48Noah Breslow & Abhra Mitra, onDeck // Data Driven #27 // May 2014 (Hosted by FirstMark Capital)
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