Announcements

Fast Company Names ZestFinance Among Top 100 Most Innovative Companies in Big Data

Zest AI team

February 11, 2013

New York, February 11, 2013— Fast Company’s annual Most Innovative Companies issue honors ZestFinance as one of the Top 10 Most Innovative Companies in Big Data. ZestFinance, a financial services technology startup that uses big data analysis to help lenders make more accurate underwriting decisions, ranks No. 4 following the release of its latest underwriting model, Hilbert. This predictive model offers a 54 percent lower default rate than the best-in-class industry score. The result is more accurate loan decisions and more credit availability for people in our country who need it most, the underbanked.

The Most Innovative Companies is Fast Company’s most significant, high-profile editorial effort of the year. The editorial team spends months gathering and sifting data to identify those enterprises that exemplify the best in business from across the economy and around the world. The end result not only emphasizes revenue growth and profit margins, but also progressive business models and an ethos of creativity. Additional Big Data honorees include Kaggle, Quid, and Splunk.

Fast Company’s Most Innovative Companies issue (March 2013) is on newsstands beginning February 19th and is available online at www.fastcompany.com/MIC, as well as in app form via iTunes.

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