Finova and Covecta partner to bring agentic AI capabilities to the UK lending market
Finova will integrate Covecta’s AI engine into its products, starting with new support agent functions on its lending and broker platforms.
Finova has partnered with Covecta to bring agentic artificial intelligence (AI) capabilities to the UK lending market.
Finova will integrate Covecta’s AI engine into its products, starting with new support agent functions on its lending and broker platforms.
The move is part of Finova’s wider plan to use emerging technology to help lenders, brokers and financial institutions automate routine tasks and improve operational efficiency.
Covecta’s platform is built for banks, building societies and specialist lenders, allowing them to use artificial intelligence agents to automate complex workflows, streamline due diligence, monitor portfolios and access enterprise and market data in real time.
Finova customers will see a more responsive and intelligent user experience, freeing up staff to focus on decision making and customer relationships.
This partnership follows Finova’s continued investment in automation, decisioning and open ecosystem partnerships in the UK mortgage and savings sector.
Rowan Clayton, chief product officer at Finova, said: “At Finova, we’re committed to helping lenders and brokers embrace emerging technologies in ways that drive tangible business value.
“Our partnership with Covecta represents a major step forward in that journey — bringing next-generation AI capabilities directly into our platforms to support day-to-day operations, accelerate productivity, and enhance the customer experience.”
Scott Wilson, founder and CEO at Covecta, said: “Covecta was built to supercharge productivity in financial services by combining enterprise-grade AI with domain-specific expertise.
“We’re thrilled to partner with Finova to bring our agentic AI to a broader ecosystem of lenders and brokers, enabling teams to automate the mundane, simplify the complex, and work with superhuman foresight.”
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