Digital Lending Solution from Modefin

Loans in a click, Instant approval.

SUMMARY

Digital lending solution from Modefin helps financial institutions digitize and improve the lending process through intelligent automation. With seamlessly integrated functionalities and modules, our solution streamlines the process, harnesses emerging technologies, and aids lending businesses in overcoming any shortcomings with high performance and agility.

It designed for account holders with a lower float, lesser income, and greater propensity to borrow micro amounts. At the click of an icon, such a customer is taken into a virtual zone that addresses every financial need without being drawn into procedures or paperwork.

Digital Lending Solution

value proposition Why Digital Lending from Modefin

Micro Saving & Lending

Providing simplified lending and improving the customer loan experience

Micro Savings & Lending

mLoan - an app-based solution for mobile money customers

Micro Saving & Lending Solution

Best-in-class tools for digital loan origination

Micro Saving & Lending

AI-powered automated credit scoring.

Micro Savings & Lending

In-built Fees and Commission structure for banks and wallet operators

Micro Saving & Lending

Embedded features for automated recovery and repayment of loan

USER CASE STUDY PrimeKopa - Mobile Lending Service

Prime Bank Ltd is one of the leading private banks in Kenya and was founded in 1992. Serving its customers for over 30 years, with a network of 23 branches, Prime Bank has the expertise to deliver flexible, efficient and personalized services.

PrimeKopa was launched on Oct. 1, 2021, and within a month more than 150 microloans totaling 5 million Kenyan Shillings (44,250 USD) were disbursed to Prime Bank customers. Until then, the Bank did not have a digital lending platform and customers had to apply offline for a loan at the branch which lengthened the disbursement cycle, especially during the pandemic.

Prior to PrimeKopa, Prime Bank lacked a digital lending platform, forcing customers to apply for loans offline at branches, leading to lengthy disbursement cycles, especially for those in remote locations.

Primekopa- Mobile Lending Solution
Digital Lending Brochure Cover

To learn more about Digital Lending download our brochure

Our digital lending solution will streamline the entire loan lifecycle, from application to repayment for micro loans. The end-to-end digital platform handles origination, servicing, credit scoring, and reporting with unmatched efficiency.

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Success Stories

Case study UMB Bank

Universal Merchant Bank Ghana

Universal Merchant Bank (UMB) is a leading indigenous bank in Ghana which offers a diverse range of financial services to meet the banking needs of its customers.

Case Study

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