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Tech Startup FairPlay Raises $4.5M to Fight Bias with Artificial Intelligence

Sunday, Nov 28 2021
Originating
Written by  The Mortgage Leader

FairPlay, which says it uses artificial intelligence to help lenders cut bias out of the application process, has cinched $4.5 million in seed funding. So reports Inman.

artificial intelligence 3382507 640 small 280x280The New York-based startup said that Figure Technologies and other lenders use its services to avoid violating fair lending laws.

FairPlay founder and CEO Kareem Saleh said in a statement, “FairPlay turns fairness into a business advantage, allowing our users to de-bias digital decisions in real-time and prove to their customers, regulators and the public that they’re taking strong steps to be fair.”

Read the full article from Inman. 

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