India’s Fintech industry takes a leap forward with the launch of an Account Aggregation-based Customer Data Platform.
The Indian Fintech landscape has reached a new milestone with the introduction of the country’s first Account Aggregation-based Customer Data Platform (CDP). This brand-new technology offers banks and non-banking financial companies (NBFCs) access to comprehensive customer data, providing actionable insights in real time. More than just a tool for underwriting, the platform is designed to support diverse use cases, allowing lenders to evaluate financial health with unmatched accuracy and speed. By uniting extensive data points, the platform guarantees seamless decision-making, enhancing the overall lending experience for both institutions and end-users.
For consumers, this innovation translates into quicker loan approvals, tailored financial solutions, and a more transparent assessment process. As the Fintech industry continues to evolve, this platform is set to redefine the way financial institutions interact with their customers, making way for a smarter and more wide-ranging financial ecosystem in India.