Lentra

The Rise of Open-API driven Embedded Finance and the opportunities it presents

With the growing internet accessibility and smartphone usage in India, the demand for convenient, efficient and flexible payment options has also increased. The consequential growth in e-commerce has created a need to bring together various participants of the financial services industry and e-commerce companies to create innovative payment and credit

Lentra is revolutionizing the BNPL landscape in India

Sandeep is a hardworking freelancer. For a 23-year old who is just one year into the business, he is doing well for himself. He moved into a new city last month and lives on his own in a small rental apartment. Sandeep wants to buy a new MacBook Pro, which

The fascinating story of BNPL in India

Source: Inc42 - State of India Fintech Report Q1 2022Even a casual look at the graph above tells you what an exciting journey BNPL is having in India. As per an Inc42 report, Lending Tech itself is poised to grow to $616 Bn in India by 2025, forming the largest

Buy Now Pay Later - A Global Perspective

Pandemic has changed the way we pay. A 2021 McKinsey Global Payments report calls it “Enduring shifts in behaviour”. The pandemic reinforced major shifts in payments behaviour: declining cash usage, migration from in-store to online commerce, adoption of instant payments. 2021 McKinsey Global Payments ReportWith more consumers moving to digital

The Dizzying Rise of Cloud Lending Platforms in India - A Technologist’s Perspective

Bank CEOs now 'think themselves as running technology companies, as much as they do about running financial companies' Bill Winters. CEO, Standard Chartered [1]India is going through a Fintech revolution. With the world’s highest adoption rate of 87% [2] and the Government’s support through programs like UPI,

Efficient Decision-making accelerated with BREx

Efficient Decision-making Accelerated with Lentra's Next-Gen Business Rules Engine

Should a loan application be approved? How much is the applicant’s eligibility? Is it a risk profile, and how can that risk be mitigated? In today’s age, Banks need to evaluate such questions within a few seconds of receiving an application. Additionally, the complexity of loan on-boarding and

Emerging Trends in the Fintech and Lending Landscapes

The digital lending market of India stood at $75 billion in 2018 and is estimated to reach $350 billion by 2023, Statista. Interestingly, in the 2021 report—How India Lends—CRIF High Mark states that Small Ticket Personal Loans (STPL), i.e. loans under ₹ 1 Lakh, contributed to 50% of

Automated Lending decisions for new-gen India

Recent estimates by CRIF report that the lending market in India (as of March 2021) grew by 100% to Rs 156.9 lakh crores between FY 2017 and FY 2021. Retail lending portfolio grew by 91%, micro lending by 157%, and commercial lending by 93% during the same period. Today,

Blogs

Digital Transformation to the Rescue of Co-operative Banks

Co-operative Banks have always been at the heart of the economy but often face significant challenges. Stringent government regulations, the constant pressure to scale up business and reduce NPAs, a change and risk-averse mindset, as well as the legacy systems and processes hold back the speed of operations and the

Blogs

Co-Lending: A win-win agreement for both banks and NBFCs

At a time when India is reeling under the pressure of adverse economic impact created by the Covid-19 pandemic, it’s time banks and NBFCs collaborate to unlock the various business opportunities that could improve the credit off-take to the unserved and under-served sectors of the economy. While banks have