back Back

5 digital lending platforms offering solutions to banks in India

By Gloria Mathias

August 30, 2023

  • API
  • C24 Capital
  • consumer lending

Instant Lending, Digital Lending, C24 Capital, Consumer Lending, Kiakia, Credit Score, SMBs, Financial Institutions, MSMEs, Lidya, Inexpensive Payments, FinTech, Migo, Embedded Lending, API, Credit Risk, QuickCheck, Credit Management, Microloans, Nigeria, Finflux, Lentra, Yubi, M2P, Nucleus Software The lending industry is witnessing a major shift from traditional to new, unconventional lending models in India. FinTechs, Banks and NBFCs are seamlessly integrating Lending into their ecosystem. New-age lenders are leveraging technology to make the process faster, more accurate, and more seamless.

IBS Intelligence has been reviewing the global lending and back-office system selections on a yearly basis for over 20 years, as well as publishing the iconic IBSi Sales League Table, which has been a barometer for measuring supplier performance across system selection engagements.

Below listed 5 FinTech are redefining digital lending in India:

Finflux is a company that offers a cloud lending platform that helps accelerate lending business transformation. Finflux Cloud includes a comprehensive suite of products that help manage the entire loan lifecycle. Its product offering provides loan origination, loan management, financial accounting, marketplace integration, app-based lending, alternative data-based credit scoring, dashboards, reporting and analytics.

Lentra is democratising digital lending through its secure and scalable SaaS platform. It empowers banks and non-banking financial institutions to create customised lending products and enhance customer experiences, through its API-driven modular architecture.

M2P’s lending solutions provide end-to-end capabilities in the form of solutions enabling loan origination, loan management, and debt collections. Additionally, the company also offers a BNPL solution that helps banks with pre-onboarding, merchant management, and the transaction life cycle, among others.

India-based Nucleus Software is a part of the lending systems space. Its FinnOne suite spans most forms of retail and commercial lending, including specialist areas such as auto finance, syndications and Islamic, and there is also a range of other applications that can be sold with the core lending platform or as standalone solutions.

Yubi is a possibility platform powering the discovery, investment, and fulfilment of credit. It is redefining global debt markets by freeing the flow of finance between borrowers, lenders, and investors. The Yubi product suite is the empowerment of small, medium, and large enterprises on one side, and growing a healthy loan book for the larger Banking ecosystem on the other.

Also read: Global Lending Vendors & Landscape Report Q2 2024

Previous Article

August 30, 2023

VizyPay and Clear Lake Bank & Trust team to offer payment solutions for businesses

Read More
Next Article

August 30, 2023

Azentio appoints Sanjay Singh as the new ‘Chief Executive Officer’

Read More

IBSi Daily News Analysis

Embedded Payments, Embedded Finance, Fintech News, Payments Technology, Mobile Payments, Digital Payments, Online Payments, Singapore Fintech News, APAC fintech listicle

July 11, 2024


Payment security market to reach $87.4bn by 2031 driven by digital payment adoption

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

July 10, 2024

Islamic FinTech Offa launches buy-to-let finance service

Read More

July 09, 2024

Uncia wins Best in Retail Lending & enters the IBSi’s Sales League Table 2024

Read More

July 08, 2024

Simply Asset Finance bags £120m loan facility from Bank of America

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q2 2024
Know More
Wealth Management & Private Banking Systems Report Q2 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
Get your copy now! IBSi Sales League Table 2024