Helport AI partners with LendSure to enhance loan processing

SINGAPORE and SAN DIEGO - Helport AI Limited (NASDAQ: HPAI), an AI technology firm with a market capitalization of $206 million and impressive revenue growth of 132% in the last twelve months, has announced a strategic partnership with LendSure Mortgage Corp., a U.S.-based wholesale lender. According to InvestingPro data, the company maintains a healthy gross profit margin of 63% and strong financial health metrics. This collaboration aims to leverage artificial intelligence to improve the productivity of loan officers and reduce overhead costs for lenders, potentially lowering mortgage costs for borrowers.

The partnership between Helport AI and LendSure is set to transform the mortgage loan sales process by providing over 100,000 loan officers access to AI-powered tools. With a solid current ratio of 1.75 and moderate debt levels, InvestingPro analysis suggests Helport AI is well-positioned to execute on this expansion. InvestingPro subscribers have access to 8 additional key insights about HPAI's financial position and growth prospects. These tools offer real-time guidance on sales and objection handling, as well as comprehensive information on LendSure's loan programs and underwriting guidelines. The intended result is stronger borrower relationships, increased professionalism, and better promotion of LendSure's products.

For LendSure's account executives, Helport AI's platform promises seamless communication with loan officers, ensuring consistent messaging and streamlined management. The broader goal of this integration is to optimize the mortgage process, enhance operational efficiency and accuracy, and ultimately contribute to industry-wide transformation.

Guanghai Li, CEO of Helport AI, expressed confidence that the solutions provided will encourage greater AI adoption in the mortgage sector and deliver tangible outcomes. Joseph Lydon, Co-Founder and Co-Managing Director of LendSure, anticipates that the collaboration will enhance his team's performance and position LendSure as a leader in AI-driven industry transformation.

The partnership operates on a performance-based subscription model, which aligns with scaling efforts and incentivizes user adoption of Helport AI, potentially correlating with measurable sales improvements for LendSure.

Established in 2015, LendSure specializes in Non-QM mortgages and caters to a diverse range of borrowers, positioning itself as a leader in the Non-QM market. Helport AI focuses on optimizing customer communication with its digital platform and intelligent software solutions.

This news is based on a press release statement and includes forward-looking statements that involve risks and uncertainties. Investors are cautioned that actual results may differ materially from those anticipated. Based on comprehensive InvestingPro analysis, HPAI is currently trading near its Fair Value, with the stock showing significant price volatility and contrarian market movement patterns.

In other recent news, Helport AI Limited has seen significant developments. The AI-driven customer communication solutions provider reported a remarkable revenue growth of 132% in the last twelve months, maintaining a strong profitability with a 63% gross margin. The company also announced the appointment of Amy Fong as its new President and board director. Fong, with her vast experience across banking, private equity, and non-profit work, is expected to enhance the company's strategic operations and development.

In addition to the leadership change, Helport AI also launched its product, Helport AI Assist, on the Google (NASDAQ:GOOGL) Cloud Marketplace, aiming to offer scalable AI solutions to a wider global audience. This strategic move is expected to enhance business processes across various industries, such as insurance, mortgage, wealth management, and real estate. The integration with Google Cloud is designed to optimize sales, streamline workflows, and improve service quality.

These are the recent developments in Helport AI's ongoing efforts to evolve with the AI market and meet emerging business needs. The company's alignment with Google Cloud's service standards promises a seamless user experience and robust technical support. The company emphasizes that statements regarding its future plans are forward-looking and subject to risks and uncertainties.

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