Business Context: Business was looking for a completely digital, paperless solution driven by digital data and analytics for MSME lending product and ensure a true digital differentiator by processing sourcing-to-in principle approval in a matter of minutes rather than hours or days.
Solution: Decimal implemented a fully digital, paperless, end-to-end lending platform with multiple applications managing the entire credit lifecycle of an application, starting from loan origination data capture to pre-approval, post-facto document verification and credit and risk assessment and regulatory compliance
- >100M $ Loans Disbursed
- <10 min Industry best sourcing-to-in principal approval Turn Around Time for MSME loans
- 100+ integration checkpoints with 3rd party external data services for holistic applicant profiling
- 150+ predefined rulesets configured in BRE & Credit Scoring platform for intelligent decision making