Baker Hill Achieves Record Revenue Growth, Adds 47 New Financial Institutions as Clients in 2022
2/6/2023 2:38:29 PM
Baker Hill sees significant year-over-year revenue and profitability growth in 2022.
Baker Hill, a leading financial technology provider in delivering solutions for loan origination, risk management and analytics, achieved record growth in 2022, increasing annual revenues by 15 percent, Baker Hill NextGen® platform revenues by 30 percent, and profitability growth outpacing revenues increase.
Baker Hill's tremendous growth is the result of the company's rapidly expanding client base, which includes close to 50 net new financial institution clients added in the last 12 months, such as Flatirons Bank, Great Plains Bank and several other community banks and credit unions across the U.S.
This record growth demonstrates strong market demand among financial institutions for lending solutions that increase efficiencies, mitigate risk, support sound decision-making and more to optimize portfolio performance and profitability. Additionally, Baker Hill has expanded relationships with several existing clients, migrating 17 financial institutions to the company's flagship product, Baker Hill NextGen®, an award-winning, end-to-end loan origination, risk management and analytics platform.