The Challenge
Key challenges included building a scalable product strategy to reach target customers, selecting suitable Core Banking, LOS, and LMS partners for integration, and managing the full journey from initial meetings to commercial closure.
Our Solution
Partnership Facilitation
Enabled successful collaboration by facilitating agreements between the fintech and Finacle EdgeVerve, aligning both on strategic and technical fronts.
Market Signal Strengthening
Drove visibility and momentum by supporting the announcement of the “Partnership with Finacle CBS,” enhancing ecosystem credibility.
Fundraising Enablement
Boosted investor confidence, with the partnership announcement contributing significantly to the fintech’s journey toward unicorn status.
The Digital Fifth’s Approach
- Phase 1 - Discovery
- Understand the technical features of Debt Technology Solution Platform
- Create a value proposition model for Debt Platform & Lending Platform Providers / Core Banking System Providers
- Building an integration approach with Lending Platform Providers / Core Banking System Providers
- Phase 2 - Reach Out
- Creating a list of the key Lending Platform Providers / Core Banking System Providers
- Reaching out to the Lending Platform Providers / Core Banking System Providers
- Shortlisting the solution providers based on the platform fit &client requirements
- Finalizing the solution providers post conducting an in-depth evaluation
- Building high - level product integration & solution approach
- Phase 3 - Integrate
- Assisting client to close the agreements & commercials with the solution providers for partnerships
- Assisting in closing the platform integration & rollout
Accomplishment
- Significantly reduced operational expenses.
- Drastically shortened processing times.
- Simplified the credit assessment process.
- Streamlined funding processes by removing unnecessary approval steps.
