Microfinance

Enable your Sales Agents. Get Automated. Save Costs

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Microfinance organizations are reaching out to unbanked people and providing a valuable service. MFIs try to increase their reach to a large number of households (often in rural areas) and small businesses at affordable costs. However, they face large operational costs due to old legacy systems that require a lot of manual intervention and data entry, in addition to time and labor.

FintechLabs strongly believes in financial inclusion for all, particularly for the underserved. Our solutions will enable your Direct Sales Agents to enter customer application data directly into the system when they visit customers on the field, bypassing the need for manual data entry at a later stage. Our automation features save you cost, streamline the process and make it quicker. FintechLabs will enable you to compete with the banks and manage the same complexities but at a fraction of the cost and in a much more agile technology platform.

FintechLabs for NBFCs

Non-banking financial companies are competing with banks for the same share of customers – while trying to run leaner, be more agile and disrupt the status quo. You could be a new entrant to the global market looking to innovate in the online fintech space or you could be an existing NBFC (online or offline) seeking to upgrade from your existing legacy software to a system that is faster, more automated and optimized.

FintechLabs has the right solutions to expand your business rapidly and allow you to innovate.

Lending Management Platform

FintechLabs has emerged as a leading global Lending Management Platform provider due to its highly customizable product, modular API-based approach that can integrate with many systems and a superior credit rating process.

We provide the world’s first Loan Management Software – As – A – Service so lenders can go live in as little as three days with our system and full support. Compare this with 1-3-month timeframe required with other software providers and think of the value of being in business for an extra 3 months!

Bank Statement Analysis

FintechLabs is bringing about a revolutionary change in the manner in which loans are processed by banks and lenders – our software has the ability to read statements of nearly all major banks globally. This dramatically reduces the workload of an underwriter in understanding a customer’s financial behavior and thus determining loan eligibility. The entire process is automated, resulting in significant cost and time savings and happier customers.