FintechLabs is a software technology firm providing banking and loan management solutions for lending firms, financial institutions, and banks. The platform makes the lending process swift and optimized by automating repetitive management tasks like sending emails, managing files, preparing reports, complying with regulations etc.
FinTechLabs builds technology solutions for lending companies. Our major product is a Bank Statement Analysis Software, which reads the Bank Transactions of Individuals/Companies through various methods of input and then analyses the income and expense patterns of the Individual/Company.
PRODUCTS & SERVICES:
The company offers three banking products such as loan management software, P2P lending marketplace software (P2PForce), and bank statement analyzer (Fin360). Loan Management software: The software allows customers to manage and screen application and track the performance of the assets. It offers loan product suite which includes loan Loan Origination, Credit Rating Software, Loan Management, and Loan Collection. The Loan Origination software automates the task of creating customer profiles and accepting loan applications for the lenders. Credit rating Software evaluates hundreds of different behavioral and demographic factors in a matter of seconds and automates the task of loan decision-making. Loan Management Module keeps customers in control with a full view of all loan applications and regular reporting. Loan Collection designs to automate the process of loan collection - making it easy, hassle-free and cost-effective for lenders. P2PForce: It is a peer to peer lending marketplace software that connects borrowers and lenders. The company offers lending software tools for P2P lending and Marketplace lending platforms. P2P lending software that matches borrowers directly with lenders. Marketplace lending software that matches borrowers directly with institutional investors. Fin360: It is a software tool which can read and analyze bank statements by internet banking pull, pdf bank statements, scanned statements, transaction SMS, and forwarding emails. It also has an auto-categorization engine which assigns a category to each transaction and provides customised analysis.
It is API-based so it can integrate easily into user's existing systems. It is easy to customize to fit the processes of different lending platforms/lenders depending on the type of products it offers.