The features include support for various loan products, anti-fraud prevention mechanism, integration with banking services, paperless processing, KYC/AML verification of all the users, usage of electronic signatures, utilization of detailed scoring parameters, and provision of detailed statistical analysis through interactive graphs and charts.
We comply with the regulations issued by GDPR, IFRS, and PSD2.
A borrower has to apply for a loan on the platform, his credit data will be gathered and extensively scrutinized, his request will be matched with a prospective lender, and the lender will disburse the loan once he is satisfied with the borrower’s eligibility and financial background.
The advantages ensured are 24x7 availability of information via web and mobile, real-time data verification, AI-driven marketplace, and extensive credit monitoring.
Reveal your business needs to our stupendous developer team and set up a white label lending platform in no time.
