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Our mission is to positively impact the financial wellbeing of every hardworking American.

 

 

 
 

What We Do

Aliya is a financial technology company founded and fully funded by the industry's leading data scientists, risk managers, and financial innovators. Using machine learning and big data analytics, we enable banks and other financial institutions to create deeper, more profitable lending relationships with their existing underserved customers.

 
 
 

THE PROBLEM

A 600 is not always a 600. Current credit scoring models are often outdated and inaccurate, falsely boxing in customers as non-prime when they can perform as near-prime/prime. These customers are often underserved by their financial institutions and must resort to payday lenders and other predatory marketplace lenders to find credit. 

 


OUR SOLUTION

Aliya is more than just a credit model. We’ve created a unique solution to push out pre-screened unsecured personal installment loan offers at market leading rates to those who need it most. Using sophisticated data analytics, we partner with financial institutions to help identify the 40% of their customer base that is classified as non-prime but that can perform as near-prime/prime.*

 

HOW WE DO IT

Our credit policy uses machine learning, proprietary Free Cashflow and NPV models, 150+ Advanced Decisioning Attributes (3x the scope of normal models), and individualized underwriting to create the most accurate, robust picture of credit risk possible. 

Our credit policy—which has been validated by a top 10 U.S. bank and their internal credit governance process and onsite regulator—has been proven to expand financial institutions’ lending population by 30% or more.*

 

*Based on analysis of generic sample of installment loans opened across all issuers between Jan ‘13 and Mar 13. Aliya proprietary data, obtained from data archive from Equifax. 

 

Partner With Us

Aliya serves as a white-label analytics and technology partner to financial institutions—not a marketplace competitor. Our sophisticated credit policy helps financial institutions lend more safely, accurately, and profitably, while deepening their existing customer relationships.

 
 
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        GROW YOUR CONSUMER LOAN PORTFOLIO

  • Deepen Customer Relationships Discover your non-prime customers who can perform as near-prime/prime, and push out fairly priced pre-screened unsecured loan offers to this underserved customer base. 
  • Expand Your Underwriting Cut-Off Expand your lending population by 30% or more and add incremental, high NIM assets to your balance sheet.
  • Manage Your Risk We offer a solution to purchase loans off your balance sheet to manage your risk-weighted capital ratios. 

        SOPHISTICATED CREDIT POLICY & MANAGEMENT

  • Plug-and-Play, End-to-End Solution Tested to high quality assurance standards, our solution returns to you a target customer list with recommended loan terms, amounts, and pricing.  

  • Valuations & Pricing Optimization of Loans Calibrate the risk and valuation assumptions to optimize the loan portfolio performance.
  • Top 10 U.S. Bank Validated Our model has been validated by a top 10 U.S. bank’s onsite regulatory examiner and internal credit governance process.

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        ADVANCED DATA ANALYTICS & TECHNOLOGY

  • Machine Learning with Gradient Boosting Techniques A robust, stable, and scalable method that monetizes your data and ignores personal bias for a better picture of credit risk.

  • 150+ Advanced Decisioning Attributes and Raw Tradeline Data Examine your customers’ financial situation with accuracy and discover the true drivers of risk.
  • Original FCF and NPV Models Better understand your customers’ current cash flow situation and ability to repay, beyond basic credit bureau data. 
 

Who We Are

We are financial innovators, engineers, data scientists, consultants, dreamers, scientists, and creators who are committed to expanding the consumer lending industry in a fair, responsible way, while offering financial freedom and opportunity to those who need it most.

 
SP "WIJE" WIJEGOONARATNA   Co-Founder 20+ years managing multi-billion dollar, multi-asset class global macro portfolios, primarily for Fortress Investment Group and Moore Capital Management. Prior to founding Aliya, he was a senior member of the Discovery Capital Management investment team, where he helped build a private equity portfolio focused on social, data, analytics, and Fintech. He served on the board of SoFi from 2014 to 2016.

SP "WIJE" WIJEGOONARATNA  
Co-Founder

20+ years managing multi-billion dollar, multi-asset class global macro portfolios, primarily for Fortress Investment Group and Moore Capital Management. Prior to founding Aliya, he was a senior member of the Discovery Capital Management investment team, where he helped build a private equity portfolio focused on social, data, analytics, and Fintech. He served on the board of SoFi from 2014 to 2016.

STEVE BASILOTTO Chief Executive Officer (CEO) 25+ years in Direct to Consumer lending expertise, including credit risk management, marketing, operations, and customer engagement. Specific experience includes COO and Head of Service Operations at both USAA and HSBC (combined nearly 15 years), Head of Consumer Service Operations and Enterprise Customer Experience at Aetna Health Care, and nearly 10 years of credit risk management experience with FICO, BankOne, and Fidelity Investments.

STEVE BASILOTTO
Chief Executive Officer (CEO)

25+ years in Direct to Consumer lending expertise, including credit risk management, marketing, operations, and customer engagement. Specific experience includes COO and Head of Service Operations at both USAA and HSBC (combined nearly 15 years), Head of Consumer Service Operations and Enterprise Customer Experience at Aetna Health Care, and nearly 10 years of credit risk management experience with FICOBankOne, and Fidelity Investments.

JOHN MACRIS Chief Credit Officer (CCO) 15+ years in Direct to Consumer banking credit analytics and service operations. Chief Credit Officer at UK Cards at Barclaycard. Head of Fraud Modeling and Customer Risk Analytics at Lloyds Bank. Head of Collections Strategy, U.S. Cards and Head of Underserved (sub-prime) Acquisition and Customer Management, UK Card at Capital One.

JOHN MACRIS
Chief Credit Officer (CCO)

15+ years in Direct to Consumer banking credit analytics and service operations. Chief Credit Officer at UK Cards at Barclaycard. Head of Fraud Modeling and Customer Risk Analytics at Lloyds Bank. Head of Collections Strategy, U.S. Cards and Head of Underserved (sub-prime) Acquisition and Customer Management, UK Card at Capital One.

MARSHAL HERNANDEZ Chief Technology Officer (CTO) 20+ years in new media, web, and data technologies. Experienced in successfully delivering mission-critical software solutions that directly affected brands like Hewlett-Packard, Hudson Entertainment, and Steinway Musical Instruments. He has spent years managing functional teams across multiple industries, building strategies to align resources with business goals, and developing within different architectures and infrastructures.  

MARSHAL HERNANDEZ
Chief Technology Officer (CTO)

20+ years in new media, web, and data technologies. Experienced in successfully delivering mission-critical software solutions that directly affected brands like Hewlett-Packard, Hudson Entertainment, and Steinway Musical Instruments. He has spent years managing functional teams across multiple industries, building strategies to align resources with business goals, and developing within different architectures and infrastructures.

 

CAROL DIEHL Chief Financial Officer (CFO) 20+ years in accounting and treasury finance for large MNCs and non-profit organizations. Executive Director for Sri Lanka Care Foundation and Financial Controller for Galle Global Macro, LLC. 10+ years in international accounting, treasury, finance, and strategy.

CAROL DIEHL
Chief Financial Officer (CFO)

20+ years in accounting and treasury finance for large MNCs and non-profit organizations. Executive Director for Sri Lanka Care Foundation and Financial Controller for Galle Global Macro, LLC. 10+ years in international accounting, treasury, finance, and strategy.

JEFF JILG Chief Information Security Officer (CISO) 20+ years experience in security and information technology, including multiple financial institutions. Certified PCI DSS auditor. Experienced in risk management and mitigation, audit leadership, and physical and logical security implementations. CISO at Buzz Points. Managed PCI business and Cryptographic Analysis and Verification System (CAVS) linked with FIPS certifications at atsec information security. Ph.D. in Computer Science from Texas A&M Engineering School.

JEFF JILG
Chief Information Security Officer (CISO)

20+ years experience in security and information technology, including multiple financial institutions. Certified PCI DSS auditor. Experienced in risk management and mitigation, audit leadership, and physical and logical security implementations. CISO at Buzz Points. Managed PCI business and Cryptographic Analysis and Verification System (CAVS) linked with FIPS certifications at atsec information security. Ph.D. in Computer Science from Texas A&M Engineering School.

BENEDICT PEREZ Chief Operating Officer (COO) 20+ years of financial services experience. Spent last two decades building and managing Asian & Emerging Markets equity businesses in the U.S. for various global financial institutions. Managing Director, Head of Equities (U.S.) at Standard Chartered Bank.

BENEDICT PEREZ
Chief Operating Officer (COO)

20+ years of financial services experience. Spent last two decades building and managing Asian & Emerging Markets equity businesses in the U.S. for various global financial institutions. Managing Director, Head of Equities (U.S.) at Standard Chartered Bank.

NEIL PERETZ General Counsel 20+ years experience in regulatory and finance matters. Recently Vice Chair of the Consumer Financial Services Committee of the California Bar Association. General Counsel of Better Finance. Founding Attorney in the Consumer Financial Protection Bureau's Office of Enforcement, establishing the Bureau's internal Credit Reporting Issues team. Former U.S. Department of Justice Trial Attorney.

NEIL PERETZ
General Counsel

20+ years experience in regulatory and finance matters. Recently Vice Chair of the Consumer Financial Services Committee of the California Bar Association. General Counsel of Better Finance. Founding Attorney in the Consumer Financial Protection Bureau's Office of Enforcement, establishing the Bureau's internal Credit Reporting Issues team. Former U.S. Department of Justice Trial Attorney.

ANDRES VIVES External Advisor 16+ years of banking, credit, data, and analytics. Most recently served as Head of Big Data Transformation at Capital One, transforming their analytics and business practices to big data, including the development of proprietary analytic software and over 15 use cases. Was a business customer for the implementation of Hadoop-based infrastructure. He also ran Capital One's U.S. Card Decision Sciences and the Subprime Card business.

ANDRES VIVES
External Advisor

16+ years of banking, credit, data, and analytics. Most recently served as Head of Big Data Transformation at Capital One, transforming their analytics and business practices to big data, including the development of proprietary analytic software and over 15 use cases. Was a business customer for the implementation of Hadoop-based infrastructure. He also ran Capital One's U.S. Card Decision Sciences and the Subprime Card business.

Keep up to date with Aliya's latest news and announcements here. 

Contact Us

For any partnership, investor, or media inquiries, please contact us at contact@aliya.com or fill out the form below.

To learn more about career opportunities, email us at talent@aliya.com.

 
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CONNECTICUT (HEADQUARTERS)

263 Tresser Boulevard, 9th Floor
Stamford, CT 06901

TEXAS

4201 W. Parmer Lane, Suite 100
Austin, TX 78745