LendUp builds technology that expands access to credit, uses Databricks to develop innovative machine learning models that touch all aspects of its lending business.
Databricks enables LendUp to perform feature engineering at scale and iterate through the model building process quickly. Faster iterations lead to more accurate models, the ability to offer credit to more of the tens of millions of Americans who need it and the ability to establish new products more easily.
Benefits gained:
- Unblocking the bottleneck created by single-machine based feature extraction with the power of distributed Apache® Spark™ clusters.
- Vastly improving the productivity of the data science team in building business-critical credit models.
- Reducing the cycle time to iterate on models from weekly to daily.