Mumbai, 19th Feb 2024:

FinBraine, a leading provider of fintech solutions, has been awarded the Best Lending Tech of the Year at the 2024 Business Leader of the Year award, for their next-gen lending solution, CredBraine.

CredBraine, powered by AI, data analytics, and scoring algorithms within its credit decision engine is revolutionizing the digital finance sector. It is redefining the landscape for micro-lending institutions, through their automated lending processes, enabling innovations across under-banked market sectors.

It empowers banks, telecoms, and consumer lenders to elevate credit quality and acceptance rates. By leveraging big data, it provides unparalleled micro-credit and loan origination services.

This recognition at the Business Leader of the Year 2024 awards shows FinBraine’s commitment to enabling innovation in the industry.

“We are honored to receive the ‘Best Lending Tech of the Year’ award that reflects our pursuit of excellence in developing intelligent lending solutions,” said Ashutosh Agrawal, Group CEO. “CredBraine supports lending enterprises and banks, enabling end consumers like farmers and micro-entrepreneurs to keep their business in motion, positively impacting their livelihoods.”

FinBraine expresses gratitude to the esteemed judging panel and extends appreciation to their clients, partners, and the entire team for their collective efforts in achieving this recognition.

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Media Contact: Pournima Chavan
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About FinBraine:

FinBraine’s mission is to enable organizations to adapt to changing customer preferences by creating omni-channel Intelligent KYC and Digital Lending Solutions. The company believes that every individual should have equal access to credit and is working towards delinking creditworthiness from traditional methods of determining a credit score. FinBraine creates AI/ML-based solutions to empower cloud lending, retail, payday loans, microfinance, in-house lending, lease financing, medical, dental, MFIs, student loans, factoring, invoice financing, and telecom. It offers a 360-degree modular KYC and Lending Solution that can automate end-to-end loan processes starting from origination to collection for banks, MFIs, SMEs, peer-to-peer and direct lenders, auto financing companies, mortgage providers, in-house finance, and credit unions. FinBraine is backed by years of expertise in implementing innovative technologies around the world through our group companies, Globe Teleservices, and New Vision IT services. The group companies offer services to more than 500 blue-chip clients across the globe.