smartLoan
Mobetize’s smartLoan helps financial institutions and alternative lenders deploy digitized consumer and lending services immediately. It allows users to originate and service personal loans quickly and efficiently, while minimising risk to existing operations.

From loan origination, to automated Know-Your-Customer (KYC) processes and auto-decisioning activities, Mobetize smartLoan improves omni-channel accessibility, reduces costs, generates revenue faster, and is designed to meet the needs of your business rules and your customers borrowing needs. Fintech is moving fast. Mobetize helps clients catch up and then stay ahead.
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Product Details

 

SOLUTION
Unsecured consumer digital lending
KYC
Automated process, device verification, ID verification, facial biometrics
DATA ANALYTICS
Social biometrics for potential fraud detection and authenticity scoring
ADJUDICATION
Automated configurable with FI specific business rules
USER CASE
Consumer loans, auto, consolidation, home renovations and more
USER INTERFACE
Mobile / Web
CUSTOMER ONBOARDING/ KYC/ RISK/ COMPLIANCE
Managed by Mobetize platform
LENDER DASHBOARD
Yes, with the ability for reviewing applications that are rejected
INTEGRATION TIME
Stand-alone – immediate / Full integration – 60-90 days
BUSINESS MODEL
Licensing + Processing fees
CONSUMER DASHBOARD
Yes
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Integration Options

 

Turn-key white label solution

Mobetize hosted smartRemit Services Model

API model

Integrate the Mobetize APIs for cross-border money transfer service

Value Proposition

 

Financial institutions and private lenders are moving as quickly as possible towards the digitization of lending. While each lender may define digital lending differently, the consumer expectation of their journey to borrow money requires:
  • Easy access to the loan application on any device

  • Online processing of application

  • Automated loan adjudication

  • Online document submissions

  • Telephone and online interaction with their lender if needed