Algebrik AI Inc., headquartered in New York City, has announced the appointment of Andrea Silvers as Vice President of Business Development & Partnerships. As the world’s first cloud-native and AI-powered digital-era Loan Origination System (LOS) company, Algebrik aims to transform the lending process for mid-tier banks and credit unions.
Company Overview:
Founded by industry veteran Pankaj Jain, Algebrik is designed to tackle the challenges faced by financial institutions, particularly the high customer acquisition costs resulting from broken omnichannel journeys and manual processes. With its innovative AI-first and cloud-native platform, Algebrik provides faster, more accurate, and personalized lending experiences.
Leadership Insights:
Pankaj Jain, CEO of Algebrik, expressed enthusiasm about Silvers’ appointment, stating, “Andrea’s extensive experience as a Credit Union & Auto Finance Industry Growth Leader, coupled with her passion for fostering strategic partnerships, will be invaluable as we build and grow Algebrik. Her skills will significantly contribute to building relationships with clients and partners, fostering trust and innovation as we pursue our mission.”
Andrea Silvers’ Perspective:
Commenting on her new role, Andrea Silvers remarked, “I am excited to join Pankaj at Algebrik at such a pivotal time. The company is at the forefront of innovation with the world’s first cloud-native and AI-powered digital-era Loan Origination System. I look forward to collaborating with the talented team here to build momentum and drive new growth opportunities through strategic partnerships.”
Andrea Silvers’ appointment marks a significant step for Algebrik AI Inc. as it continues to innovate in the lending space, aiming to help credit unions, mid-sized banks, auto lenders, and all types of lenders deliver seamless digital loan experiences to their members and customers.
