In today’s current corporate lending solutions, manual workflows, paper-based documentation and silo-based systems make the entire lending process complex and time-consuming. The declining interest rates have put pressure on financial institutions to automate their lending processes. More banks are now looking to incorporate an effective system that ensures faster processes, better operational efficiency and full capitalization on the lending opportunities available.
If banks do not transform their lending system now, they risk losing their business to other efficient banks and shadow lenders such as institutional investors, P2P lenders and business development companies.
It's time for banks to transform their corporate lending solution to analyze borrowers' global risk faster and more efficiently; adhere to changing regulatory norms and meet financial needs of all types of organizations from small companies to large multinationals with operations across the globe.
Founded in 2017, Fintep plunges into this industry to build and deploy an innovative, next-generation technology software and cloud ecosystem. Our SaaS business model means that we can serve customers effectively, regardless of their size or location; from global financial institutions to community banks and credit unions.
Fintep brings deep expertise and an unrivaled range of pre-integrated solutions from transaction banking to lending, and capital markets. With a global footprint and the broadest set of financial software solutions available on the market, Fintep manages more than 800 Billion EUR loans over 32 different jurisdictions including the top 100 banks globally.