Creditmate

CreditMate addressing a large pain point for India’s lenders – Collection of bounced EMIs and Bad debt through a SaaS platform. In CreditMate their mission is to empower Borrowers with better credit scores and Lenders with improved lending performance. They are committed to building intuitive and positive experiences to help India’s millions of borrowers make EMI payments using Innovative Technology, Data Intelligence and Automation. India is a Global economic powerhouse with a trillion dollars of lending already live and growing 25% every year. However, this lending is plagued by EMI failure rates of over 10 percent every month putting millions of loans and billions of dollars of capital at risk. They tackle this challenge head on to help drive India’s Economy forwards. Borrowers on their platform can repay instantly digitally, pay cash at one of their 100,000+ neighborhood drop points or simply schedule pick ups anytime, anywhere. Lenders use their Intelligence driven strategies coupled with their unrivalled National reach to confidently expand to new geographies and products. Collection agencies use their Tech and Data solutions for cost reduction, process optimization and fraud prevention giving them access to tier one lenders.

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