back Back

SmartCoin rebrands as Olyv to expand credit offering in India

By Gloria Mathias

January 24, 2024

  • Credit Access
  • Credit Health
  • digital gold savings
Share

SmartCoin, Olyv, Fintech Company, Fintech Development, Fintech News, Credit Access, India Tier 2 City, Fintech News India, SmartCoin Financials, India’s digital lending company, has unveiled ‘Olyv’ as its new brand name under which all its products across credit and the newly launched credit health and digital gold savings will be offered to customers.

The move reflects the company’s full-stack range of financial offerings, which have evolved beyond quick personal loans to include digital gold savings, credit health management, and insurance products.

During its 7-year run as SmartCoin, it offered a differentiated digital lending platform, growing the user base to 20 million, serving 19,000+ pin codes in India, and scaling with a tech- and data-focused approach to simplifying credit for India.

The new Olyv identity puts the vision of serving the customers’ entire financial life cycle at the forefront with a foray into a range of diversified offerings. The platform is leveraging a robust AI and ML stack to bring highly personalised and contextual products that address crucial need gaps in the financial inclusion mission.

With Olyv, the start-up is working to unlock newer customer segments and strengthen engagement via products that touch upon diverse aspects of a financial journey while maintaining focus on deepening reach in Tier 2+ cities.

The move not only strengthens its quick credit offering with higher-ticket, enhanced products but also introduces Olyv Gold (Digital Gold Savings), Olyv Credit Health Check (Credit Score), and Olyv Protect (Insurance) for discerning customers.

Olyv identifies itself as a tech- and data-first company and their latest addition to the portfolio indicates a deeper commitment to leveraging tech to premiumise product and platform experiences and serve comprehensive financial needs.

Rohit Garg, Olyv’s Co-Founder and CEO said, “We started SmartCoin with a simple mission to democratise credit access for underbanked India. Over the years, we have honed the knowledge and expertise to serve India’s diverse and emerging financial needs, which we will be building on going forward. Olyv and the comprehensive suite of offerings we have launched with it take forward our audacious ambitions to serve Indians in the areas of credit, savings, credit health, insurance, and much more.”

Previous Article

January 24, 2024

Moneyhub adds Co-op, Smile Bank & Kroo Bank open banking connections

Read More
Next Article

January 24, 2024

Satchel taps RegTech Napier to secure BaaS platform

Read More








IBSi Daily News Analysis

Fraud

February 23, 2024

Credit Access

Regulated firms battle surge in financial crime attempts, research reveals

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

February 23, 2024

UNIPaaS unveils AI payment assistant solution for SaaS platforms

Read More

February 22, 2024

Revolut launches Robo-Advisor to automate investment processes

Read More

February 22, 2024

Vidyut raises $10m in Series A Funding round led by 3one4 Capital

Read More

Related Reports

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

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023