Building the embedded lending infrastructure for the next million businesses in India | Alternative credit scoring | Credit Infrastructure |Digital Lending 2.0
Bengaluru, India
Joined April 2018
- Tweets361
- Following73
- Followers543
- Likes37
FinBox retweeted
Sadly, the majority of Indians do not get medical insurance; instead, they rely on their life savings to cover their medical expenses, which leads to depleted savings and unfavourable loans.
Check out the below article by @FinBox_in :👇
FinBox retweeted
Be sure to say hello to our Partner, @FinBox_in, who has joined as an Credit Insights Partner, at the India Credit Risk Management Summit & Awards 2024.
Visit Website 🔗 – finbox.in/
#RiskManagement #FinancialServices #Banking #FinTech #CreditRisk #India
FinBox retweeted
📣 An exciting announcement Introducing our amazing sponsor @FinBox_in , well-known industry leader has taken on as a Credit Insights Partner for the upcoming India Credit Risk Management Summit & Awards 2024, with great excitement.
scheduled to take place on 07 March, 2024.
FinBox retweeted
Innovative Indian Startups - Property Share, Finbox, Propelld, CredAble, and GetVantage are revolutionizing the financial and real estate sectors, offering unique solutions to drive accessibility, growth, and innovation in India.
@PropelldEduFin @GetVantage_Co @FinBox_in @CredAbleIndia @Propertyshare3
Read More: bit.ly/46QEMed
#Startups #AI #OutlookStartupOutperformers #OutlookStartup #OutlookBusiness #OutlookIndia #Startup #StartupRanking #OutlookStartupRanking
FinBox retweeted
Catch Rajat Deshpande talk about building Finbox, building pipes for the fintech space, and creating a global business!
🎧 Listen at: lnkd.in/dfqARkwS
#fintech #embeddedfinance #techstack #IndianStartups #Spotlight
FinBox retweeted
FinBox Empowers Lenders to Expand Reach by 3X with its Credit Decisioning Platform Sentinel, IIFL Onboards the Offering @FinBox_in
Read @NewsVoir Story | newsvoir.com/release/finbox-…
FinBox retweeted
#India-based #creditinfrastructure #provider @FinBox_in has partnered with @IIFL_Finance to offer the latter its #AI-powered #creditdecisioning platform, #Sentinel.
Discover more reading The Paypers: bit.ly/3qTy07C
#fintechnews #paymnets #paymentnews #banking #ML
FinBox retweeted
What must FinTechs know/do about the new digital personal data protection bill? Wrote a detailed piece in @FinBox_in newsletter. Read?
finbox.in/newsletter/thepatt…
#DPDPBill #privacy
FinBox retweeted
“Only in economics is endless expansion seen as a virtue. In biology it is called cancer.”
Wrote my @FinBox_in newsletter on digital lending. Read?
finbox.in/newsletter/thepatt…
FinBox retweeted
Lab2Land partners with FinBox to disburse Rs 400 million credit to agri retailers digitally
#Click 2 Read: https: agriculturepost.com/agritech…
#Agritech #Fintech #AgriRetail #AgriCredit #NBFC #DigitalLending #AgriFinance #Retail @Lab2Land @FinBox_in
FinBox retweeted
Account Aggregators work by facilitating the #datatransfer in a secure manner while retaining record of the consent.
#Lending @FinBox_in
tinyurl.com/5n8jac7n
FinBox retweeted
Empowering small enterprises with the superchAArge they need!
Join us at #SamvAAd23 as we showcase the winners of our demo, featuring innovative financial solutions by @IIFL_Finance, @FinBox_in, and @finvu1 AA.
Discover how these cutting-edge platforms are revolutionizing lending and transforming the future of small businesses at the Westin Mumbai, Powai Lake, on 24th May 2023.
#Samvaad2023 #OpenFinance #AccountAggregator
FinBox retweeted
How would risk-based pricing decisions change? Is there a business imperative for lenders?
How does it help borrowers?
How will this be implemented?
I decided to dig into this in detail in this week's @FinBox_in newsletter. Read it here:
finbox.substack.com/p/fintec…
RT 🙏 7/7
FinBox retweeted
What kind of data will continuous underwriting need? Will transaction data suffice?
Does the current infrastructure, such as the Account Aggregator framework, suffice? Or do we need more?
6/n
FinBox retweeted
Continuous underwriting will mean that borrowers are constantly evaluated for any changes in their financial or behavioral indicators.
Thus, it doesn’t just raise alarm bells on the possibility of default and helps lenders upsell or improve the current engagement. 5/n
FinBox retweeted
What is continuous underwriting?
Think of it as an infinity loop - a perpetual flow of information that feeds into crafting personalized offers, which helps fine-tune risk models.
A multiplayer game played over high-speed connections until eternity if you will.
So what?
4/n
FinBox retweeted
In this world, consumers would no longer have to jump through hoops to avail of credit or get applications approved.
In fact, bureaus and, by extension - lenders - will jump at every chance they get to cross or up-sell a credit product basis real-time indicators. 3/n
FinBox retweeted
Let's imagine a world where credit bureaus work in real-time, are constantly updated (not 45 days, currently), and have 10x wider data points than they currently do.
Is this possible? Yes. Here's how! 2/n