Solutions by Text partners with Lightico to speed up underwriting & funding
Last week, Solutions by Text (SBT) and Lightico announced a strategic partnership to deliver real-time messaging capabilities to finance companies.
The relationship blends SBT’s real-time conversational platform with Lightico’s solution to help auto-finance providers grow their business.
Clients can leverage the integrated real-time messaging solutions to communicate with consumers over text, collect underwriting documents over multimedia messaging service (MMS) instead of traditional email or web uploads, and send timely alerts directly to applicant phones.
It’s all geared to reduce touch points and friction throughout the origination process, accelerating time to funding and increasing conversion rates.
“SBT is at the forefront of transforming how the auto finance industry engages with its customers, and our collaboration with Lightico is a further example of our continued efforts to align with industry leaders to deliver best-in-class experiences that drive key results for our consumer finance business customers,” Solutions by Text CEO David Baxter said in a news release.
Lightico CEO Zviki Ben-Ishay added, “We’re thrilled to join forces with Solutions by Text in reshaping the auto finance landscape. This partnership is a testament to our shared vision of enhancing compliant industry communication.
“By combining our digital completion expertise with SBT’s real-time solutions, we’re not just transforming processes — we’re defining a new era of efficiency, compliance, and unparalleled consumer experiences,” Ben-Ishay went on to say.