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What's new in Synoriq LMS | FY24-25 (Q1) ?
Product Improvements in FY24-25 (Q1) Three new loan products launched Builder loans Cash flow & Project Receivables Based Lending Builder...
Mudit Jain
Jul 24, 20243 min read
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Everything You Wanted to Know About Core Financial Software Systems (CFSS)
The Reserve Bank of India (RBI) has mandated the implementation of Core Financial Software Systems (CFSS) for Middle Layer and NBFCs -...
Mudit Jain
Jul 22, 20242 min read
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Demystifying RBI Fair Practice Code: A Practical Guide for "Interest Calculation from Actual Fund Disbursement Date"
On 29th April 2024, RBI released a notification on the Fair Practice Code for Lenders - Charging of Interest. In this article, I will try...
Mudit Jain
May 1, 20246 min read
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How to manage co-lending operations with ease?
Your problem statement? Managing co-lending calculations very soon becomes difficult to handle through Excels. And a proper system is...
Mudit Jain
Jan 28, 20243 min read
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Rising penetration of "Merchant Cash Advance" daily instalment loan offering
A merchant cash advance (MCA) was originally structured as a lump sum payment to a business in exchange for an agreed-upon percentage of...
Mudit Jain
Jan 27, 20244 min read
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Exploring Earned Wage Access (EWA) as a Loan Product in your offering
Refyne: an Earned Wage Access (EWA) provider in India became a superfast success with its Salary-on-demand product Refyne has raised a...
Mudit Jain
Jan 27, 20243 min read
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Unlocking the Potential of Loan Against Securities: A Booming Market Awaits
Loans against securities involve borrowing money with securities (such as stocks, bonds, or mutual fund units) pledged as collateral....
Mudit Jain
Jan 27, 20244 min read
576
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Unveiling the Top 12 Reasons why Synoriq LMS Outshines its Competition
Over the last 3 years, Synoriq LMS has created a solid product offering with customer first approach. Lets understand why Synoriq LMS is...
Mudit Jain
Jan 26, 20243 min read
390
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Dropline Overdraft: A Must-Have for Lenders in Today's Market
What is dropline OD? Its a limit based product with a time-bound principal repayment Customers are assigned a limit for a tenure based on...
Mudit Jain
Jan 22, 20244 min read
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Why "Evolutionary Architecture"-Based Systems will dominate the Loan Management space
All legacy lending softwares at the banks, NBFCs and FinTechs will be replaced in next 15 years with "Evolutionary Architecture" based...
Mudit Jain
Jan 22, 20245 min read
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Making the Big Decision: Should You Build or Buy Your Loan Management System for FinTech Lending?
There are several FinTechs emerging into lending and many consumer tech businesses starting their lending arm. Its a great way to make...
Mudit Jain
Jan 19, 20245 min read
241
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Subvention based Education loans: An Innovation breaking boundaries.
Education loans act as crucial financial support, empowering students and professionals to upskill to pursue academic aspirations without...
Bhavit Jain
Nov 29, 20234 min read
255
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Unveiling the Surge in Vehicle Loans and Meeting the Impatient Customers' Need for Speedy Solutions
In the fast lane of financial trends, one phenomenon is racing to the forefront - the exponential growth of vehicle loans in India. As...
Bhavit Jain
Nov 17, 20235 min read
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Everything you wanted to know about "Credit Line on UPI"
All about credit line on UPI that can revolutionize the financial landscape.
Mudit Jain
Nov 1, 202310 min read
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