The Challenge
To facilitate seamless partnerships with two FinTechs, ensuring smooth onboarding, robust API integration, business model development, compliance adherence, and successful knowledge transfer for sustained unsecured business loan delivery.
Program Brief
The FinTech Onboarding Program Management involves the collaboration between the bank and two FinTech partners to enhance the delivery of unsecured business loans. The program encompasses
- Establish and operationalize partnerships with two FinTechs for unsecured business loans.
- Facilitate a smooth onboarding process for the selected FinTech partners.
- Prioritize API integration for seamless communication and testing.
- Ensure alignment of business models, customer journeys, and flows with FinTech partners.
- Transfer critical knowledge to Unity SFB teams for independent partnership management.
The Digital Fifth’s Approach
- Set up a comprehensive Project Management Structure, including teams, tools, and communication plans.
- Implement a structured governance framework and checklist for efficient onboarding.
- Focus on API documentation, alignment, and testing for robust integration.
- Assist in the development of business models, BRD, and Digital Lending compliance.
- Oversee security checklists, change management, audit, and Go-Live processes.
- Ensure the involvement of the all the required stakeholders for the discussions from the hub & business team
Our Solution
- The bank is on track to complete the development of the BRD’s, Journey, API stack, regulatory compliance along with our defined journey that can enhance the current Fintech integration & Lending expeirence of the customers.
- Helping the bank to out reach more Fintech partners & help them be seamlessly onboarded to offer unsecured lending
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.
