Lyta

Lyta

Technology, Information and Internet

New York, NY 79 followers

Streamlined Due-Diligence. Amplified Efficiency. Enhanced Insights

About us

Lyta brings new access, accuracy, and transparency to financial decision makers. Our AI-driven platform is transforming the way CFOs, lenders, and investors approach financial analysis. By offering seamless and effortless integration with existing accounting and financial systems, Lyta delivers in-depth, real-time insights into a business's financial standing. Our approach not only streamlines the due diligence process but also heightens precision and efficiency. By significantly reducing the time and effort required, Lyta empowers financial professionals to make faster, more informed decisions, thereby redefining the standards of accuracy and speed in financial due diligence.

Website
https://www.lyta.ai/
Industry
Technology, Information and Internet
Company size
2-10 employees
Headquarters
New York, NY
Type
Privately Held
Founded
2023

Locations

Employees at Lyta

Updates

  • View organization page for Lyta, graphic

    79 followers

    Chris you couldn’t have said it better!

    View profile for Christopher Shaffer, graphic

    CTO | Data Architect | Hands-on & Strategic | Startups & Mature Businesses

    Overdue post about what we're doing at Lyta We offer a white-label solution for banks and other lenders (focused on small and medium businesses) to streamline data acquisition, automate calculation of key underwriting metrics, and conduct enhanced due diligence. We're also building out monitoring and portfolio-level risk calculations. A lot of lenders in the SMB space don't necessarily know whether a borrower is in trouble until they miss a payment. We believe we can drastically shrink the error bars on loan-loss provisions by identifying at-risk borrowers ahead of time. (e.g., how many have dipped from profit to loss, how many are reliant on customers that are stretching their payment schedule or under duress themselves?) Interested? Here's what we're looking for: - Lenders to SMBs: Whether in banking or private credit, we'd love to show you a demo and discuss a design partnership. This is our primary focus. - Equity investors: We think there might be a use case here, especially when it comes down to calculating metrics without revealing more of the portco's confidential financial information than is typical in this situation... and/or easing the reporting burden on the portco. - CFOs, etc: We've heard some feedback that some of our analytics could be useful for a business's own operations. We're also game to explore this (especially if it dovetails into lead-gen for lenders). - Intros to the above

    • No alternative text description for this image
    • No alternative text description for this image
    • No alternative text description for this image
  • View organization page for Lyta, graphic

    79 followers

    Excited for what’s ahead!

    View profile for Christopher Shaffer, graphic

    CTO | Data Architect | Hands-on & Strategic | Startups & Mature Businesses

    Overdue post about what we're doing at Lyta We offer a white-label solution for banks and other lenders (focused on small and medium businesses) to streamline data acquisition, automate calculation of key underwriting metrics, and conduct enhanced due diligence. We're also building out monitoring and portfolio-level risk calculations. A lot of lenders in the SMB space don't necessarily know whether a borrower is in trouble until they miss a payment. We believe we can drastically shrink the error bars on loan-loss provisions by identifying at-risk borrowers ahead of time. (e.g., how many have dipped from profit to loss, how many are reliant on customers that are stretching their payment schedule or under duress themselves?) Interested? Here's what we're looking for: - Lenders to SMBs: Whether in banking or private credit, we'd love to show you a demo and discuss a design partnership. This is our primary focus. - Equity investors: We think there might be a use case here, especially when it comes down to calculating metrics without revealing more of the portco's confidential financial information than is typical in this situation... and/or easing the reporting burden on the portco. - CFOs, etc: We've heard some feedback that some of our analytics could be useful for a business's own operations. We're also game to explore this (especially if it dovetails into lead-gen for lenders). - Intros to the above

    • No alternative text description for this image
    • No alternative text description for this image
    • No alternative text description for this image
  • View organization page for Lyta, graphic

    79 followers

    Arya Transforms into Lyta Over the past few months, our team at Arya has been in stealth mode, refining our vision and technology. We're now re-emerging with renewed enthusiasm and a new identity: Lyta. Introducing Lyta - The Future of Enhanced Due Diligence Lyta represents a significant leap forward in financial decision-making tools. Our AI-driven platform is specifically designed to revolutionize how CFOs, lenders, and investors analyze financial data. By seamlessly integrating with existing accounting and financial systems, Lyta provides comprehensive, real-time insights into business financials. This not only streamlines the due diligence process but also significantly enhances precision and efficiency. With Lyta, financial professionals are empowered to make faster, more informed decisions, setting new benchmarks in accuracy and speed.

Similar pages