Top 10 KPIs to Measure the Efficiency of Loan Origination Process
Introduction Loan origination is like a crazy rollercoaster ride for financial institutions, with twists and turns from application processing to loan disbursal. To make sure they don’t lose their lunch, financial institutions use loan origination systems that streamline the process,...
Unleashing The Power of Innovations in MSME Credit
According to the Economic Times, the MSME industry is the backbone of the Indian economy, accounting for 30% of the nation’s GDP, 48% of total exports, and 40% of the country’s employment. Currently, the MSME sector in India has an...
From Paper to Paperless: The Power of Loan Origination Software
Overview In a world that is rapidly moving towards digital transformation, the financial industry is no exception. The traditional paper-based loan origination process is being replaced by an automated and streamlined software solution. Loan origination software is becoming increasingly popular...
How BNPL is the Next Big Thing for the Finance Future
Overview Introducing the hottest trend in India and beyond: Buy Now Pay Later (BNPL). This game-changing concept has captured the hearts and minds of millions, creating a buzz that simply cannot be ignored. The landscape of BNPL is evolving at...
Fintech Lending Trends
To Look Out For in 2023
What does 2022 say about the lending industry? For the past few years, the lending industry has seen many innovations with a shift from traditional towards the digital taking of loans by Gen Xers, Millennials and Gen Zs. The population...
How Digitization in Loan Origination Process solves the challenges of Banks & NBFCs?
Loan Origination is when a borrower applies for a loan, and a lender, after processing, lends the loan amount to the borrower. The borrower can be an individual, a business, or a corporation, with the lenders being the banks, NBFCs,...
