Finezza is an enterprise lending platform that aims at easing financial analysis and decision support for lending and fintech firms. It is built to provide customized solutions to all fintech lending companies looking at an AI-driven growth trajectory in the near future. Finezza creates a seamless experience for customers right from origination to servicing of […]
What Does RBI’s New Liquidity Framework Mean for NBFCs?
Recently, the Non-Banking Financial Corporation (NBFC) sector, that services a significant portion of the credit needs of corporate India, suffered miserably due to the lack of liquidity. Due to the massive collapse of the IL&FS group, the financial markets slumped and hit the NBFCs hard. As a result, traditional banks stopped taking fresh exposures on […]
Decoding the RBI restrictions on Customer’s Credit Data & How it impacts the lending process for NBFCs
Projections indicate that the credit demand in India is going to be worth $1.41 Tn by 2022. The growth rate in credit demand is estimated to be 3.73% between FY17 and FY22. The flourishing credit landscape has led to the growth of multiple lending startups in the country. Add to this, numerous other tech companies […]
Finezza’s India-made Document Detection & Data Retrieval Modifies Loan Management
The introduction of Artificial Intelligence (AI) and Machine Learning (ML) is revamping the way businesses and industries function. However, traditional and legacy industries like Banking and Financial Services continue to rely on manually managed processes. Not only are these processes paper-heavy and time consuming but also prone to data breaches and security risks. Traditional lenders […]
The Loan Lifetime Process: Can AI and ML Replace Feet-on-Street?
All right-minded businesses like to explore engagement opportunities with customers where the chances of getting the returns on their investment in terms of time and effort are the brightest. Pre-qualifying helps ascertain that a lead is likely to purchase if moved into the sales process. It ensures that a lead is interested in what the […]
Co-Lending: What is it? How it Works? How Will NBFCs Benefit From It?
By definition, co-lending is when a fintech firm comes together with a traditional lender, to disburse loans. The association allows fintech firms to source clients, perform credit appraisals and disburse a small part of the loan amount. On the other hand, the co-lending arrangement enables a bank to give out the more substantial chunk of […]