Fignum integrates Sikoia document processing technology – The Intermediary

Fignum has partnered with Sikoia to integrate AI-powered document processing into its lending platform.
The technology will be used across mortgage and automotive finance workflows, enabling lenders to automate document verification and reduce manual processing.
Fignum said the integration allows tasks such as income verification, employer identification and affordability analysis to be completed directly from submitted documents, including payslips, bank statements and tax returns.
The platform can also assess document authenticity, flag missing information and check compliance with lender requirements.
According to Fignum, the technology could reduce document handling costs and processing time by more than 75%, while lowering analysis errors.
Alexis Rog, founder and chief executive of Sikoia, said: “Partnering with Fignum allows us to bring powerful automation directly into the workflows lenders already rely on, helping them reduce manual workloads and deliver faster decisions for customers.”
Andrew Lloyd, chief executive of Fignum, said: “Providing lenders with smarter, more efficient tools is central to our client strategy.
“Integrating Sikoia’s AI-driven document processing capabilities means our clients can automate time-consuming verification tasks while maintaining the high levels of accuracy and compliance required in both mortgage and automotive lending.”

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