PRIVY FOR FINTECH LENDING

Enabling financial inclusion for everyone through technology.

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Challenges Faced in the Fintech Lending Industry

Fintech lending grows in popularity and consumers increasingly have access to lenders outside of their local communities. Fueled by technology and the digital environment, transactions could occur through individuals, investors, and newly emerging businesses that have moved into this space, making fintech lending one solution to achieve financial inclusion for society. However, there are a number of challenges faced

False identity

High level of false identity

Weak electronic signature

Weak electronic signature leads to dispute

Organized fraud

Organized fraud rings

Bolstering Fintech Lending Growth with Privy's Solutions

Helping P2P lending become a disruptive force in the financial services sector with efficient platform technologies, the ability to make more secure transactions, and legally binding digital signature.

Digitalize onboarding process with e-KYC

Digitalize Onboarding Process with E-KYC

Using Privy to enable electronic KYC (e-KYC) makes it easier for people to open an account and more affordable for financial service providers to reach out to underserved customers, especially in rural and remote areas where it is not economically viable to set up a branch.

Reduce the Risk of Maladministration and Fraud

Reduce the Risk of Maladministration and Fraud

Privy, which is accepted by law as a legally binding signature, ensures non-repudiation, which means a user cannot deny (repudiate) having performed the transaction, and every digital signature is tied to a verified individual. This can reduce the risk of maladministration and fraud as the application data is entered in real-time.

More Efficient, Seamless, and Secured Process

More Efficient, Seamless, and Secured Process

Digitizing the process with Privy can also eliminating the barriers that exclude people from participating in financial activities. With an efficient, seamless, and secured process, the company can extend its scope of operations, field agents can now provide a greater focus on educating and raising the awareness of financial literacy in the communities.

Benefits of Using Privy Solution for Fintech Lending

Digital certificate

Privy provides a digital certificate with user identity and biometric verification to the Ditjen Dukcapil database, delivering a higher assurance to the digital onboarding.

Seamless integration

Seamless integration allows the passing of information between the two systems, driving quality and efficiency in the customer registration process.

Legally compliant

We are legally compliant, so you can rest assured about our security and legality. Every digital signature made using Privy is non-repudiable before a court of law.

See Related Solutions That Work the Best for You from Our Use Cases

Deliver a seamless experience to your online customer registration by embedding our API services right on your application.

See API Integration

Use your own third-party CRM or ERP? We support integration with all major enterprise software.

See Platform Integration

Build an end-to-end website or apps for your digital Fintech Lending with our Custom Platform Builder.

See Custom Platform Builder

Privy Has Been Trusted by 4 Largest P2P Lending Platform in Indonesia

Privy’s client: Akulaku
Privy’s client: Kredivo
Privy’s client: Investree
Privy’s client: Akseleran
Privy’s client: Akulaku
Privy’s client: Kredivo
Privy’s client: Investree
Privy’s client: Akseleran

Get Started with Privy for Fintech Lending

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