NACFB appoints Nivo as official AI partner

Published on

The National Association of Commercial Finance Brokers has named Nivo as its official AI partner.

The partnership will see Nivo’s platform – which already supports more than 100 lenders and one million brokers – deployed across the NACFB membership. The firm says its AI-driven solution has been built specifically for the specialist lending market, automating the manual, compliance-heavy tasks required for loan origination.

The technology operates around the clock via email without the need for additional system integration. By acting as a virtual assistant, it can guide brokers through complex lender workflows, assemble fully packaged cases, and automatically run ID verification, anti-money laundering checks, credit searches, document gathering, open banking processes and e-signing where needed.

To mark the new partnership, Nivo has launched an exclusive pilot programme for NACFB members. Since its launch on 27 May, the initiative has already attracted more than 50 sign-ups, with the company now working to allocate cohorts. Participants will receive early access to the tools, dedicated support, and a chance to shape the platform’s development in real-world lending environments.

Matthew Elliott, chief executive at Nivo, said the strong early response demonstrates the growing appetite among brokers to explore AI-based solutions.

“We’ve always been focused on reducing admin effort through smart technology, and the latest AI developments take this to a whole new level,” he said.

“The response to our Early Adopter programme has been incredible. We were initially looking for five brands to work with and currently have over 100 sign-ups. This shows that many in the industry are aware of AI and are keen to better understand how it can help them. We’ve built something powerful, but the real test is how it performs in the wild. That’s why we’re inviting NACFB Members to help shape the future of this tech, solve real problems, and push the boundaries of what AI can do for our industry.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

PMS reports double-digit growth in mortgages and protection

PMS Mortgage Club says it is on course for its strongest performance in five...

Property firms urged to engage early with digital home-moving reforms

Property professionals have been urged to start testing digital home-moving processes now rather than...

DPMSG launches consumer guide to Smart Property Data

The Digital Property Market Steering Group has launched a consumer-focused video explaining how Smart...

Together joins Equity Release Council as later life market broadens

Together has become a member of the Equity Release Council as the specialist lender...

Cambridge BS funding supports expansion of domestic abuse charity

The Angels Foundation UK has opened a wellbeing centre in Cambridgeshire after receiving the...

Latest publication

Other news

PMS reports double-digit growth in mortgages and protection

PMS Mortgage Club says it is on course for its strongest performance in five...

Property firms urged to engage early with digital home-moving reforms

Property professionals have been urged to start testing digital home-moving processes now rather than...

DPMSG launches consumer guide to Smart Property Data

The Digital Property Market Steering Group has launched a consumer-focused video explaining how Smart...