8.7 C
London
Wednesday, January 15, 2025

Kosovo’s Cash Plus selects Profile Software’s Finuevo Suite for loan process management

Cash Plus Partners with Profile Software for Finuevo Suite

Key Highlights:

  1. Partnership Overview:
    • Companies Involved: Cash Plus (Kosovo-based digital lending platform) and Profile Software.
    • Solution Implemented: Finuevo Suite by Profile Software for end-to-end loan management.
  2. Finuevo Suite Features:
    • Components:
      • Finuevo Core: Core banking platform accommodating a wide range of banking products and operations.
      • Finuevo Digital: Digital banking platform supporting customer journeys across web and mobile channels.
    • Capabilities: Covers the full loan lifecycle, including digital onboarding, loan origination, automatic credit checks, instant loan approval, loan disbursement, payment initiation, and loan repayment.
  3. Benefits for Cash Plus:
    • Enhanced Customer Financing: Enables instant customer financing.
    • Future Growth Support: Facilitates the company’s growth plans.
    • Full Monitoring: Provides comprehensive monitoring of customer applications and loans.
    • Scalable Solution: Delivered a scalable solution for end-to-end loan management.
  4. Implementation Details:
    • Cloud-Based Solution: Implemented quickly due to Finuevo’s out-of-the-box functionality.
    • Timeline: Implemented in an extremely short period.
  5. CEO Statement:
    • Armond Dranqolli: Co-founder and CEO of Cash Plus praised the scalability and comprehensive management tools provided by Profile Software.
  6. Recent Developments:
    • Profile Software: Recently partnered with First Global Bank in Jamaica to implement the Finuevo Suite for digital onboarding and loan origination.

Hot this week

Banking as a Service: Meaning, Examples, Benefits and Future

The push for open banking has led to a...

Best fintech blogs and websites

Fintech (financial technology) has been an interesting part of...

What is Fintech?

Fintech: A term used to refer to innovations in...

How to buy shares online

Buying shares online in India has come a long...

Is it worth investing in life insurance over 60?

Is it worth investing in life insurance over 60? As...

Klearly Secures $6 Million Seed Round to Revolutionize Tap-On-Phone Payments

Innovative Payment Technology Startup Aims to Transform Mobile TransactionsHighlights:...

Stablecoins Could Rival Cards: Insights from a Fed Payments Expert

Exploring the Potential Impact of Stablecoins on National Payment...

Nevermined Secures $4M to Create the PayPal for AI

Transforming AI monetization through innovative blockchain solutionsHighlights: Nevermined has...

Bank of England and NYDFS Exchange Experts in Emerging Payments and Digital Assets

A strategic collaboration to enhance knowledge in the rapidly...

Intesa Sanpaolo Expands Portfolio with Bitcoin Acquisition

Exploring the Implications of Italy's Leading Bank's Bitcoin PurchaseHighlights:...

J.P. Morgan Launches Innovative Biometric Payment Terminals

Revolutionizing Transactions with Cutting-Edge TechnologyHighlights: J.P. Morgan has unveiled...

Paragon Bank Selects Alfa to Replace Legacy Systems for SME Lending

Paragon Bank Partners with Alfa for SME Lending TransformationHighlights:...

AccountsIQ Acquires ExpenseIn

AccountsIQ Expands Capabilities with ExpenseIn AcquisitionHighlights:Expanded Capabilities: AccountsIQ...

Related Articles

Popular Categories

spot_imgspot_img