Finexos partners with Fintech Market

Finexos is delighted to announce our latest partnership, with all-in-one loan management system, Fintech Market (FTM), to enhance credit decisioning. Functioning within the lending software sector, the FTM platform covers various aspects, including loans, deposits, current accounts, and investments, while also incorporating functionalities such as CRM, KYC, risk mitigation, and debt management. FTM’s wide range of setup possibilities makes it an ideal loan servicing solution for meeting diverse requirements.

The addition of Finexos’s state-of-the-art machine learning platform to the FTM system enables their clients to benefit from an automated and enhanced credit-decisioning process that can significantly improve outcomes. The next-gen tech utilises either live data sources and/or historical transaction data when live data sources are not available to deliver significantly more accurate results. 

With no PII required or accepted, removing bias, and the platform able to be rapidly integrated through APIs, FTM clients can easily benefit from the addition of Finexos’s advanced AI, behavioural analytics and real-time data capabilities to reduce risk, costs and default rates.

FTM offers their products to neobanks, SME loan providers, car leasing enterprises, and buy-now-pay-later providers across the European Union (EU), Mexico, and Indonesia, providing customised solutions to enhance their performance within the lending software market. Finexos enables lenders to provide safer credit to a broader customer base, can reduce companies’ default rates by up to 72% and is designed to reduce costs at every stage of the lending cycle.

Finexos will also offer all Fintech Market clients a highly accurate complimentary Loan Book Vulnerability Assessment (LBVA) of their existing loan books.

More information on Fintech Market and the partnership here.