Lentra Unveils New Innovation with its Intelligent Lending Cloud
At the Lentra Digital
Lending Summit, Lentra unveiled its Intelligent Lending Cloud Platform. This
advancement signifies a substantial stride in merging AI technology within the
digital lending sphere. Lentra has introduced three state-of-the-art AI-driven
products and integrated 40 new functionalities into its existing offerings.
These developments are tailored to harness the power of AI and provide
pragmatic benefits for Banks and NBFCs.
“The evolution of trends in India's credit consumption narrative
demands thorough understanding and analysis. At Lentra, we strive to meet the
increasing demand for personalisation and localisation by harnessing the power
of AI, ensuring accessibility for our clients," says Ankur Handa, Chief
Product Officer at Lentra.
Lentra's Intelligent Lending Cloud solution is crafted to cater
to the changing demands for Vernacular Languages, aiming to broaden its reach,
hasten processing times and diminish operational costs.
"AI has recently garnered widespread attention for various
reasons, with its capacity for human-like interactions standing out. Aligning
with our mission to transforming lending by empowering lenders to democratise
credit and foster financial inclusion through intelligent decisions, we are
thrilled to introduce a wave of AI products and AI-infused features. With this
extended portfolio, we are confident that our clients will experience
significant enhancements in their business, equipped with actionable
intelligence" shares Rangarajan Vasudevan, Chief Data Officer at Lentra.
Lentra is using AI applications to automate solutions for Banks
and NBFCs in India. These initiatives involve harnessing Machine Learning
Models to pinpoint potential borrower segments within the current customer
base.
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