Case Study
India's leading NBFC offering personal loans to NTC borrowers makes 50 Cr in profits
Read the whitepaper to know:
- Why current risk assessment models inhibit profit margins
- How interest rates can be calibrated for risk profiles
- How FinBox can lift segmentation portfolios for lenders
- Why pricing in risk can lead to financial inclusion
Leveraging FinBox DeviceConnect resulted in
~12%
risk cost reduction on an average on the portfolio
10%
increase in approval rates
15%
reduction in fraud
We have an ambitious goal of extending credit to those who have never had access to it before. And it’s not something we can do without support from FinBox. Its DeviceConnect SDK integrated seamlessly into our app without slowing it down, and has helped us effectively underwrite over 15,000 borrowers a day.
-CEO of the NBFC
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