building digital nbfc products

BUILDING WINNING

NBFC PRODUCTS

Technology is bringing

disruption in the Finance Industry

This research was done as a part of the pitch for a leading financial enterprise

New startups are emerging

at a pace like never before

This research was done as a part of the pitch for a leading financial enterprise

and they are competing with incumbents

by providing technology driven business models

This research was done as a part of the pitch for a leading financial enterprise

Business Models that are

Easier to Use

Hassle Free

Lesser in Cost

This research was done as a part of the pitch for a leading financial enterprise

AvantMarketplace Lending Platform

Avant is a fast-growing marketplace lending platform that is lowering the

costs and barriers of borrowing for consumers

2 years and 200,000 customers

All points of contact happen online

Quick funding - as easy as "booking an Uber”

Late forgiveness fee waived if user pays next 3 instalments on time

They have their own credit scoring model that evaluates more that

1000 potential factors - 20 times more than traditional lenders

Credit Scoring done by data not only from repayment history on

credit cards, car loans, mortgages, apartment rental information, card

payment history but also how customers fill out information using

upper or lowercase letter, time of day, time taken for completion etc

This research was done as a part of the pitch for a leading financial enterprise

MonedoFinancial Services

Monedo is a financial technology company which

delivers a range of complimentary and exciting

financial services products to customers

Provided 500,000 loans in 3 years

No paperwork, everything is online

Super Fast, decision in seconds

No Appointments

This research was done as a part of the pitch for a leading financial enterprise

Zhong AnOnline Insurance

Zhong An is a Chinese online property insurer

backed by Alibaba Group Holding Ltd

China's first online only insurance firm

Funded by Alibaba.com and Tencent

Underwritten 630 million insurance policies for

150 million clients in its first year

This research was done as a part of the pitch for a leading financial enterprise

SimpleOnline Bank

Simple is a completely online consumer bank. Simple

combines innovative technology, impeccable user

experience, and expertise in behavioral economics to

help its customers spend smarter and save more

The bank has no branches and is online only

Goal based banking that is changing the way

people bank

Cuts cost by eliminating branches and shares the

benefits with customers by reducing fee

This research was done as a part of the pitch for a leading financial enterprise

WealthfrontInvestment Management

Wealthfront is an online Investment and Financial

advisory company

Fintech startup that allows you better investment

and portfolio management

Use of technology in Robo Advisory

This research was done as a part of the pitch for a leading financial enterprise

..and there are many more!!

Source: www.fintechinnovators.com

This research was done as a part of the pitch for a leading financial enterprise

Today financial technology startups

are emerging at a faster pace than ever

This research was done as a part of the pitch for a leading financial enterprise

Today financial technology startups

are emerging at a faster pace than ever

They are providing

better and faster technology solutions

This research was done as a part of the pitch for a leading financial enterprise

Today financial technology startups

are emerging at a faster pace than ever

They are providing

better and faster technology solutions

and they are

competing with Traditional Players

This research was done as a part of the pitch for a leading financial enterprise

Almost all of these startups are using

open source technologies for building their products

This research was done as a part of the pitch for a leading financial enterprise

You might be thinking

Why Open Source Technologies?

This research was done as a part of the pitch for a leading financial enterprise

FLEXIBILITY

ADAPTABILITY

AGILITY

LOW COST

SECURITY

Benefits of

Open Source

CUSTOMISATIONThis research was done as a part of the pitch for a leading financial enterprise

Enterprises using Open Source

This research was done as a part of the pitch for a leading financial enterprise

Kuliza’s Approach for

Building Digital NBFC Products

End to end online

and direct to consumer

This research was done as a part of the pitch for a leading financial enterprise

Agile meets Lean

This research was done as a part of the pitch for a leading financial enterprise

Consumer Centered

and

not just consumer focused

This research was done as a part of the pitch for a leading financial enterprise

Integrated

Online Stores

Aggregators

Retail Outlets

This research was done as a part of the pitch for a leading financial enterprise

Data Driven

Location

Beacons

Past Repayment Data

PAN & UID

Social

Data Mining and regression models

This research was done as a part of the pitch for a leading financial enterprise

Cloud Scaled

This research was done as a part of the pitch for a leading financial enterprise

Goal Driven

Digital Assistant

Financial Planner

This research was done as a part of the pitch for a leading financial enterprise

End to end online and direct to consumer

Agile meets Lean

Consumer Centered and not just

consumer focused

Integrated

Data Driven

Cloud Scaled

Goal Driven

This research was done as a part of the pitch for a leading financial enterprise

THANK YOU