Alpharank

Provides lenders with full funnel visibility and data-driven recommendations to optimize digital branch performance, reducing abandonment and increasing funded accounts.
Digital Banking Solutions Loan Origination Optimization Sales Guidance Systems

Alpharank is a no-code e-branch sales guidance system for banks and credit unions. It integrates with existing loan origination and account opening workflows, giving lenders full funnel visibility and data-driven recommendations to optimize performance.

Alpharank is designed to help community lenders who struggle to track digital originations from the first click to funded accounts, giving them a clear view of the return on investment (ROI) for all digital channels. The system is trained on more than 3 billion transactions from peer financial institutions, and it optimizes the e-branch across three dimensions:

  • Curb Funnel Abandonment: Optimize approved applications by keeping users engaged.
  • Improve Lead Quality: Minimize low-value applications for a more targeted and precise customer acquisition strategy.
  • Maximize Dollar Production: Get the most out of the digital branch to maximize dollar production.

Alpharank's automated guidance system means that customers can see rapid improvements in funded accounts. Customers have seen an 80% year-over-year increase in funded accounts and loans, and a 95% improvement in account opening over a single night.

The system comes with a 90-day no-risk guarantee, with customers getting a refund if they don't see an increase in account openings within the first 90 days. Customers can try Alpharank free for 30 days, and installation takes as little as 49 seconds.

Alpharank promises data security, saying that data is collected only with the lender's explicit permission and isn't shared or sold to third parties. The system includes full funnel analytics, and customers can chat with the team for more details.

Pricing isn't disclosed, but customers can expect transparent subscription pricing with results in as little as 30 days. Alpharank is geared for banks and credit unions looking to improve their digital branch performance, offering actionable recommendations to reduce web visitor abandonment and increase funded applications, and ultimately maximize deposits and loans.

Published on July 6, 2024

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