Nivo celebrates ‘huge increase’ in protected information website traffic

Above 5 million messages have now been despatched and been given around its secure community, with projected growth predicted to access 10 million well in advance of the conclude of the 12 months with concept volumes now exceeding 50 percent a million every thirty day period.

The FinTech solutions provider’s community use metrics disclosed 4.16 million messages were exchanged in 2020 – an enhance of 352% from 2019.

Also, 55,000 doc requests ended up accomplished in 2020 – an raise of 865% from 2019 – and 5.2 million messages ended up exchanged via the Nivo community considering the fact that launch.

What is more a more 500,000 ‘NivoBot’ automatic journeys have been launched, which is an maximize of 1744% from 2020.

Nivo recorded over 4.1 million messages exchanged concerning creditors, brokers, borrowers and attorneys in 2020, a 352% maximize on the .9 million messages exchanged in 2019.

The concept depend excluded a major volume of ‘Nivobots’ despatched and acquired on the community, which permits establishments to automate processes, products journeys and facts gathering, which include ID verification and document transfers.

The application of automated ‘NivoBots’ boosts loan company and broker efficiency, enabling workers to invest time incorporating worth all through transactions instead than carrying out repetitive administrative duties.

In addition to the substantial improve in secure information website traffic, Nivo noticed a approximately ten-fold 12 months on 12 months boost in document transfers via its community. In 2019 Nivo customers completed 5,700 doc requests but in 2020 this experienced rocketed to over 55,000.

Michael Common, CEO and co-founder of Nivo, stated: “Passing the 5 million message milestone is a significant accomplishment for Nivo and the enormous maximize in secure information site visitors demonstrates how the adoption of FinTech has developed through the past 12 months.

“The restrictions to regular company functions and tactics developed by the pandemic and subsequent lockdowns have unquestionably accelerated the price of change as creditors and brokers experienced to discover new means of remaining operational when vacation and assembly grew to become complicated.

“However, what our consumers have located is that even when the pandemic restrictions were being lifted or relaxed, the advantages of using the Nivo Network for secure interaction and doc transfer remained just as evident.

“The application method is more quickly, smoother, more protected and the efficiencies help loan companies and brokers to reassign manpower to parts which produce increased benefit to the shopper and the enterprise.

“2021 will be an additional exciting 12 months for Nivo. We have some new purchasers about to be a part of us which will include a sizeable amount of new end users to the Nivo Community and I’m particular we will be passing the 10 million information milestone before the 12 months is out.”