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This collaboration aims to digitally transform Aye Finance’s debt collection and resolution processes using Credgenics’ advanced technology.
Aye Finance has long been focused on providing affordable credit to underserved small businesses, utilising technology for credit assessments and lending processes.
The partnership will integrate Credgenics’ SaaS-based platform, enabling a personalised and data-driven communication strategy with borrowers.
The deployment of Credgenics’ CG Collect field app will streamline field operations, allowing efficient management and instant digital repayments.
Additionally, the Bilzy Payments solution will facilitate secure digital transactions through personalized payment links.
The Credgenics Litigation Management System will support Aye Finance’s legal collections team by providing full visibility into ongoing legal proceedings.
Jinu Joseph, CTO of Aye Finance, emphasised that the collaboration will enhance customer-centric services and make debt recovery processes more efficient through data insights and digital capabilities.
Rishabh Goel, Co-Founder and CEO of Credgenics, said, “Our solutions will enable Aye Finance to manage recoveries with efficiency, and agility.”
Together, Aye Finance and Credgenics aim to drive financial inclusivity and sustainable growth in India’s MSME lending sector.
First Published: Feb 4, 2025 5:08 PM IST
