M2P Fintech, Asia’s largest API infrastructure company announced the debut of its ‘Core Lending Suite’ (CLS) that leverages its RegTech, LendTech, and BankTech capabilities. M2P’s CLS is modeled around digital first lending, a first-of-its-kind integrated suite of capabilities that empowers lenders to rapidly customize, develop, market test, iterate, and roll out lending products.
CLS is designed for developing innovative products, testing new lending models, leveraging different consumption layers, and go-to-market strategies for lending institutions, making it a first-of-its-kind for the lending industry. The platform covers different facets of lending including Onboarding (Digital identity & KYC), Loan management (Loan Origination, Loan Management) Debt management (Collections), Go to Market strategies (Partnerships & Open Credit Enablement Network), Data Services (Account Aggregation), Operations (FinOps, ReCon), and access to consumption platforms (Buy Now Pay Later, Cards, UPI, and Fleet) that form part of CLS’s end-to-end offering.
Madhusudanan R, Co-founder, M2P fintech commented, “Our acquisitions and investments in Origa, Wizi, BSG IT soft, FinFlux, Syntizen, and Finvu coupled with our existing capabilities have culminated into a holistic suite for the lending value chain. With M2P’s Core Lending Suite we aim to democratize lending and power the next generation of innovative products. At M2P, we’ve been at the forefront of innovation, with the recent digital lending guidelines from RBI, making it opportune to look at lending capabilities holistically across onboarding to consumption of credit to balance sheet play for lenders. Given the importance of NBFCs and other financial institutions to economic growth, it is imperative to provide lenders with the power of products, tools, and platforms for enhanced customer experience and effective loan management.”