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Carrington Labs Expands US Presence with Doc2Doc Partnership

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Carrington Labs Expands US Presence with Doc2Doc Partnership

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The latest announcement is out from Beforepay Group Limited ( (AU:B4P) ).

Carrington Labs, a division of Beforepay Group Limited, has secured a contract to provide credit risk-modeling services to Doc2Doc Lending Inc., a US-based lender catering to medical professionals. This partnership marks a significant step in Carrington Labs’ international expansion strategy, particularly in the US market, and enhances its reputation in credit-risk analytics. The agreement, structured as a software-as-a-service license, underscores the company’s growing influence and credibility in the financial technology sector.

The most recent analyst rating on (AU:B4P) stock is a Buy with a A$1.75 price target. To see the full list of analyst forecasts on Beforepay Group Limited stock, see the AU:B4P Stock Forecast page.

More about Beforepay Group Limited

Beforepay Group Limited, founded in 2019, operates in the financial technology industry with a focus on ethical lending solutions. It has two main business lines: Beforepay, a direct-to-consumer lending service, and Carrington Labs, which provides AI-powered loan portfolio recommendations and lending solutions. The company has been recognized for its innovative and ethical approach in the financial sector.

Average Trading Volume: 67,554

Technical Sentiment Signal: Buy

Current Market Cap: A$78.18M

See more insights into B4P stock on TipRanks’ Stock Analysis page.

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