🎓Use cases

Many enterprise customers use our products for some exciting use cases which might serve as inspiration for you:

SME "Unsecure" Lending

One of our banking clients opted to use our alternative risk scoring to extend unsecure lending to small businesses who don't have collateral. Our scoring allowed them to extend cashflow-based lending instead of the traditional collateral-based lending.

This allowed the client to appeal to an additional 10% market that couldn't qualify for their traditional lending products.

Digitised loan origination

A lot of microlenders use our lending Saas platform and origination widget to digitise the origination of their consumption lending. Our loan widget (which comes with the Saas platform) allows microlenders to quickly get loan applications from new customers with all loan supporting documents that are automatically analysed to automate the affordability and risk assessment of their customers.

This widget is highly customisable and allow lenders to decide what documents are required at origination and choose the colours that fit their brand. A few lines of html code is then shared with the lender to easy add the widget into their website, a process that can be done in just 5 mins!

Screenshot of loan widget customisation page

BNPL (Buy-Now-Pay-Later)

Buy-now-pay-later is a popular trend that allows e-commerce and retailers to increase their sales using one of these ‘point of sale financing’:

• Integrated shopping apps

• Off-card financing solutions

• Virtual rent-to-own (VRTO)

• Card-linked instalment offerings

• Vertical-focused larger-ticket plays

What categorises a BNPL model is the following characteristics:

• Short-term financing – weeks or months, not years

• Interest-free

• The financing is unsecured

• Items with low or modest ticket prices

• Offered for a specific time, place, or product (i.e. not a general line of credit)

• Offered or activated at point-of-sale (whether in-store or online)

Scoring for BNPL:

Our alternative scoring model can be used for any BNPL model and it takes into consideration the customers' historic spending patterns and or financial behaviour in their bank/ wallet accounts.