Lentra Verification Micro System Development

By Sankhadeep Chakraborty . January 10, 2024 . Success Stories

Project

This project is to develop a micro system using API first cloud native for loan verification management which consist of different type of verifications like Field Inspection, Legal Verification, Valuation and Tele Verification, Personal Discussion & Video personal discussion. Purpose of this project is to develop a micro system which perform different verifications as per Bank/NBFC needs and implemented using the latest cutting edge technologies as part of Lentra digitalization initiative. This micro system is developed as flexible to integrate & highly configurable with several micro systems of Lentra which covers the complete Lending eco system.

Client

Founded in 2019, Lentra is enabling banks in democratizing digital lending through its SaaS platform. It empowers banks (& NBFCs) to create custom loan products and enhance customer experiences, through its API-driven modular architecture. Currently, Lentra’s digital lending platform serves over 50 banks, has processed over $20 billion worth of loan applications, with 2 million loans being processed every month. Lentra supports its customers in expanding their reach, reducing non-performing assets, optimising operational efficiencies, and using Pay-as-you-go pricing for their growth. Lentra is backed by investors like BVP, Citi, HDFC, MUFG, SIG & Vy.

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