Abhishek Kothari claims that customers rate FlexiLoans high because of seamless experiences like WhatsApp chatbots, digital disbursements
FlexiLoans is one of the few SME fintech lenders that has 100% digital origination and processing, resulting in efficient and transparent customer experience. FlexiLoans.com, a machine-led lending platform using advanced applications of algorithms, has an edge to serve its mission of loans@click in 24 hours to MSMEs across the country. The firm, with proprietary technology and data science capabilities, provides term loans, loans against point of sale, line of credit, vendor financing, as well as a host of value-added services.
Abhishek Kothari, Co-Founder & Chief, Product and Data Science, FlexiLoans, an alumnus of IIT-Bombay and ISB-Hyderabad, is an accomplished entrepreneur with multiple startups (Thought Partners, Join My Moment). Abhishek loves to create applications using AI and data science in a wide and fragmented market like India where machine-readable data is difficult to get but extremely reflective of risk behaviours.
How is data science used? How are products designed and created at FlexiLoans in the last 2-3 years?
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Esta historia es de la edición July 2021 de Banking Frontiers.
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Swedbank leverages data to the hilt
Sweden's Swedbank takes innovation to a different level by collaborating with other competing banks:
Digitization is for customer satisfaction, says Argenta Bank
Belgium's Argenta Bank has designed its digitization efforts to enhance customer experience:
Speed, Safety, Compliance
Brijesh Samantaray, Co-founder, Propelld shares the current trends in the education loans how the company is leveraging technology:
Unique methods in fraud perpetration
When we look at some of the very serious frauds that had taken place in the financial realm, it is evident that the perpetrators are somewhat ingenious:
NBFCs: Elevating Organizational IQ
What is more important than hiring smart people is raising organizational IQ. This topic was discussed in depth in a panel discussion at NBFC's Tomorrow conclave organized by Banking Frontiers. Edited excerpts:
Trustful Transformation
Transformation is no longer only about growth & efficiency. It involves aspects like compliance, security and explainability that are impacting NBFCs. These issues are explored in this panel at NBFC's Tomorrow:
CEO Panel: Connecting Traditional Wisdom with Modern Intelligence
Banking Frontiers organized its annual NBFC Conclave titled NBFC's Tomorrow in August 2024 at Mumbai. Highlights of the first panel discussion:
NBFCs EXPERIENTIAL EVOLUTION, TRUSTWORTHY TRANSFORMATION
Banking Frontiers organized NBFC's Tomorrow, its annual NBFC Conclave, in Mumbai on August 21. The program comprised panel discussions on 5 upcoming opportunities for the NBFC sector, along with presentations, fireside chats and a keynote address. Edited excerpts from the conclave:
Smart ATMs - an indication of a resurgence
Smart ATMs can be the future way of how one may be interacting with a bank and doing transactions:
Personalization scores with HNWI & YP
Ghulam Haidar Rasooli, Chief Financial Officer at Afghanistan based Ghazanfar Bank, reveals the impact of personalization and future roadmap:
