It aggregates all payment methods including credit/debit cards, net banking, mobile wallets, UPI to create an open platform for merchants to initiate digital payments in less than 5 minutes. Its value proposition to lenders is to increase their customer base, achieve accurate results, offer the ability to cross sell other products like credit cards and deposits, and detect fraud.įtcash aims to empower micro-merchants and small businesses with the power of digital payments and loans, by only using a bank account and a feature phone. Its credit scoring solution is based on conversational UI/Chatbot, payment history, potential employment opportunities, and geolocation history. It looks at over 2000 data points, including local Credit Reference Bureau (CRB) data and behavioral data.ĬonfirmU is a data analytics startup whose mission is to help lenders score people with no credit history or a thin file. It delivers loans to the user’s mobile money account and the back-end of the application is a credit-rating algorithm called B.E.E (Business Evaluation Engine). By marrying access with identity in a transparent manner, AID:Tech’s platforms empower the world’s currently underserved through social and financial inclusion.Īlternative Circle’s micro lending mobile application helps individuals who do not have a credit history to obtain loans. SnapCheck combines the strength and security of electronic payments with the ubiquity of checks to save costs, speed settlement, and eliminate fraud.ĪID:Tech focuses on the delivery of entitlements via digital identity, such as welfare, aid, remittances and donations. SnapCheck’s blockchain-enabled Digital Checking Platform lets users send highly-secure digital checks instantly, directly from their mobile/online banking account or their preferred accounting software. SnapCheck is on a mission to eliminate paper checks. It offers a wide range of portfolios from asset allocation to thematic and quant investment models, with an aim of delivering enhanced risk-return investment solutions. Investsmart’s Smartfolios B2B digital advisory and investment platform creates tailor-made investment solutions to fit the specific needs of brokers, banks, wealth managers and financial advisors. Initiating a payment transaction right from the social messaging app keeps the payment experience intuitive, contextual, and simple, without needing to share details of the recipient’s bank account. PayKey enables banks to provide their users with instantaneous peer-to-peer payment options just when they are needed most – while they are engaged in social interactions. Moxtra’s solution revolutionizes the delivery of Relationship and Wealth Management Services and Digital Customer Services, and aims to redefine customer engagement and user experience in the banking and financial services industry. Moxtra delivers a mobile-first, embeddable cloud collaboration service that lets people and businesses collaborate the way they want to – simply, securely and flexibly, in real-time or anytime, from anywhere. The system makes digital money tangible by letting children set goals, do chores and follow their long-term progress. It empowers children with essential lifelong skills by connecting a piggy bank to an app with a real-time bank account. ERNIT is the world's first smart piggy bank.
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