About Linear Financial Technologies
Linear Financial Technologies is a Financial Services company based in Reston (United States) founded in 2021, and was acquired by Amount in February 2022. AI-enabled software for loan lifecycle management is provided. Its focus areas include FinTech, Banking Tech, Loan Life Cycle Management and Loan Origination. Its competitors include Numerated, Ready Capital and Fuse; 2 of its 3 listed competitors have raised funding.
Company details
Linear Financial Technologies was founded in 2021 in Reston, United States, within the fintech sector. AI-enabled software for loan lifecycle management is developed, focusing on digital account origination for loans and deposits. Servicing for credit cards, loans, and deposit accounts is handled through omnichannel integration. Fraud detection, credit risk scoring, and account monitoring are utilized to support decision-making processes.
- Headquarters Reston, United States
- Stage Acquired
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website linearft.com
- Social LinkedIn
- Acquired by Amount (Feb 2022)
Investors in Linear Financial Technologies
Linear Financial Technologies has secured backing from 1 investor. Prominent investors backing the company include Amount.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Omnichannel banking solutions are provided for banks and lenders. | 2014 | amount.com | Chicago, United States |
Investor details for Linear Financial Technologies
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People of Linear Financial Technologies
93 people are tracked at Linear Financial Technologies (27 in leadership, 66 in team).
| Name | Role | Group |
|---|---|---|
Craig Rismiller | Chief Strategy Officer / Evp, Strategic Initiatives And Partnership Development | Leadership |
Wai Shun Lau | Chief Architect | Leadership |
Timothy Clarke, CFA | Chief Financial Officer | Leadership |
Kevin Trilli | Chief Product And Technology Officer | Leadership |
Ryan Page | VP, Product Design | Leadership |
Adam Hughes | CEO | Leadership |
Liz Sink | Director of Software Engineering | Leadership |
Eugene Frankfurt | Senior Director Of Software Engineering | Leadership |
Chris Armsey | Chief People Officer | Leadership |
Alice Shrestha | Director, Platform Solutions | Leadership |
Kathy Cooke | HR Business Partner | Leadership |
Kelly M. | Production Support Engineering Director | Leadership |
Vijay Saradhi Varanasi | Director of Software Engineering | Leadership |
Nicholas Chang | Vp, AI Innovation | Leadership |
Ryan Mclennan | Chief Administrative Officer | Leadership |
Tim Clarke | Chief Financial Officer | Leadership |
Simpal G. | Director, QA and Automation Engineering | Leadership |
Ronny Gonzalez | VP Of Engineering | Leadership |
Cindy Scott-Walker | Head Of QA | Leadership |
Andrea Moe | Head Of Customer Success | Leadership |
73 more people are available in the full profile.
Complete people profiles for Linear Financial Technologies
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Timeline of Linear Financial Technologies
2 dated milestones of Linear Financial Technologies across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Linear Financial Technologies is founded.
- Exit Acquired by Amount.
Competitors of Linear Financial Technologies
Linear Financial Technologies has 3 listed competitors in our database, 2 of them funded. They include Numerated, Ready Capital and Fuse.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| numerated.com | 2017 | Boston, United States | $32M | 148 | Platform for digitizing credit policies | |
| readycapital.com | 2011 | New York, United States | 374 | Diversified lending NBFI | ||
| fusefinance.com | 2011 | New York, United States | $5.88M | No-code loan origination solutions are provided for banks and lenders. |
Detailed competitors of Linear Financial Technologies
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Top companies in Banking & FinTech Platforms
3 companies that operate in the same segment as Linear Financial Technologies (Banking & FinTech Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | USD 2.71 M | 1,807 | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.15 B | USD 1.96 B | 2,516 | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | 237 |
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Related news about Linear Financial Technologies
Complete news archive for Linear Financial Technologies
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Frequently Asked Questions about Linear Financial Technologies
Linear Financial Technologies was founded in 2021.
Linear Financial Technologies is headquartered in Reston, United States. It is registered at Reston, Virginia, United States.
Linear Financial Technologies was founded in 2021 in Reston, United States, within the fintech sector. AI-enabled software for loan lifecycle management is developed, focusing on digital account origination for loans and deposits. Servicing for credit cards, loans, and deposit accounts is handled through omnichannel integration. Fraud detection, credit risk scoring, and account monitoring are utilized to support decision-making processes.
Linear Financial Technologies's top competitors include Numerated, Ready Capital and Fuse.
Linear Financial Technologies has 1 investor. Key investors include Amount.
Yes. Linear Financial Technologies was acquired by Amount in February 2022.