A future where errors and inaccuracies are eliminated using cutting-edge AI, go-to-market is faster and simpler, where customer acquisition is accelerated with tailored lending products and elevated experiences.
This future is here, and it’s called Lentra.
HDFC Bank, India's leading private bank, started its partnership with Lentra with consumer durable loans. The bank got on board with MultiBureau, an all-in-one solution for comprehensive credit bureau data, from Lentra’s product suite. MultiBureau is a connector that enables lenders with a seamless API connection to all products of every credit bureau operating in the market. It helps in creating bureau strategies, balancing business benefits and bureau usage costs, thereby leading to streamlined efficiency. HDFC Bank’s association with Lentra has led to creation of seamless journeys and high satisfaction levels among the bank's partners and customers.
Federal Bank, one of the largest private sector banks in India, partnered with Lentra to start its digital lending journey with car loans. Chitrabhanu K G, Senior Vice President and Country Head- Retail Assets and Cards at the bank said this partnership resulted in boosting their business 2-3X. The bank expanded its association with Lentra by moving two more journeys on Lentra’s platforms including credit cards and personal loans. The bank’s customers now get credit cards in just 3 clicks and enjoy swift, responsible personal loans. Chitrabhanu said that this entire experience turned out to be a “big success.”
Lentra is a new-age domain-native platform built from the ground up.
It is designed and developed to tick all boxes on the wish list of any financial institution.
End-to-end decisions in 10 secs
Ready-to-use with rapid deployment and curated journeys
Microservices architecture with customisable customer journeys
No CapEx with pay per user/transaction SaaS model
Always-on, with dedicated data centres
Easy-to-use intuitive interfaces
In-built industry-grade secure infrastructure
API-driven for quick 3 rd party integrations
Horizontal scaling to keep pace with growth
