Argyle

Provides real-time income and employment data

New York City, New York, United States

About Argyle

Argyle provides real-time access to income and employment data for a variety of clients, including fintech startups and large corporations. The company connects directly to payroll systems, allowing businesses to instantly verify this data, which is essential for tasks like loan processing and risk assessment. Unlike traditional methods that can be slow and cumbersome, Argyle's platform streamlines these processes, enhancing the overall customer experience. Businesses are charged based on their usage, offering flexibility and cost efficiency. Additionally, Argyle features a no-code solution that simplifies integration into existing systems, enabling companies to innovate and launch new products more quickly. The goal of Argyle is to empower businesses with the data they need to automate tasks and make informed financial decisions.

New York City, New YorkHeadquarters
2018Year Founded
$90.1MTotal Funding
SERIES_CCompany Stage
Data & Analytics, FintechIndustries
51-200Employees

Risks

Increased competition from new fintech startups could erode Argyle's market share.
Reliance on third-party payroll systems poses risks if data-sharing policies change.
Potential data privacy concerns could arise as Argyle expands its data access capabilities.

Differentiation

Argyle offers real-time access to income and employment data for businesses.
The platform provides a no-code solution for easy integration into existing systems.
Argyle's usage-based pricing model offers flexibility and cost-efficiency for businesses.

Upsides

Argyle is an approved service provider for Freddie Mac's LPA AIM.
The platform saves lenders 5-7 days and 60-80% in costs per loan.
Argyle's customer success team supports rapid industry adoption and growth.

Funding

Total raised$90.07 M
Latest valuation$275.00 M
StageSERIES_C
DEBT
2/29/2024
$15
$55
$275.00 M
$20
$100.00 M
$3
$13.00 M