AEON Credit Service selects Novac to streamline digital lending in India

By Gloria Methri

AEON Credit Service India Private Limited (ACSI), a subsidiary of Japan’s AEON Financial Service Co. Ltd., has collaborated with Novac Technology Solutions, a technology and digital transformation solutions company, for its lending business.

Commenting on the collaboration, KP Sunil, Executive Director & CBO – AEON Credit Service India Private Limited, said, “At AEON Credit India, our vision is rooted in delivering innovative, customer-centric financial solutions that are both accessible and efficient. Novac’s ZIVA® aligns seamlessly with this vision, offering the technological robustness, scalability, and compliance-driven intelligence that today’s lending environment demands. With ZIVA®, we are confident in our ability to accelerate loan processing, enhance risk management, and deliver seamless, secure credit experiences to our growing customer base across India.”

As part of this five-year association, AEON Credit will deploy ZIVA®, Novac’s flagship next-generation digital lending solution, for its end-to-end loan origination, underwriting, and disbursements, marking a new chapter in scalable and customer-first lending.

NS Nanda Kishore, Managing Director and CEO, Novac Technology Solutions, said, “AEON Credit’s vision of inclusive, efficient, and customer-first financial access deeply resonates with our core mission at Novac, to empower forward-looking lenders through transformative, future-ready technology. With this background, ZIVA® has been meticulously engineered to deliver just that by combining automation, analytics, and agility to drive end-to-end digital lending excellence. We are proud to be the technology partner for AEON Credit India as they continue to redefine lending experiences for their customers.”

Adding to this, KD Singh, Executive Director and Chief Business Officer at Novac Technology Solutions, said, “Every customer relationship at Novac goes beyond business, and it represents a shared vision for growth and innovation. Our association with AEON Credit India reinforces our commitment to shaping the future of digital lending. With ZIVA®, our flagship lending solution, we aim to help lending businesses stay agile, scalable, and future-ready.”

Through every strategic collaboration, Novac aims to drive transformation, innovation and impact. Novac’s ZIVA® will enable AEON Credit to accelerate loan processing, enhance compliance, and deliver a seamless, customer-centric lending experience.