Finflux Reviews & Product Details

Finflux is SaaS based lending platform that offers all-in-one solutions for needs of loan origination, loan management, financial accounting, marketplace integration, app based lending, alternative data based credit scoring, dashboards & reporting and analytics. At present we are serving about 4+ million borrowers with active loan portfolio of $3.2 billion. FinFlux is a fast-growing lending platform which offers classic and bespoke solutions. We can serve myriad institutions ranging from who serve the bottom of the pyramid (BOP) to nuanced (non)-banking/financial institutions. Microfinance, SACCOs, Banks, FIs, evolving Fintechs, Business Correspondents, Aggregators in origination process, Agent networks and many more. Finflux breaks the transactional input model to outcomes based model to achieve competitive advantage. Digitization, authoring underwriting rules, rules-based automation in workflows, tiered maker-checker and approvals offers differentiated customer experience and digital journey. It's cloud-first and then mobile-first empowering the field force. The platform comes with many must-have integrations and marketplace nexus to improve the time to market. Purely a SaaS-based model, aimed truly at impeccable architecture fine-tuned for performance benefits (API round trip times < 2 seconds), banking grade security & compliance and scale on demand.

Seller

M2P Solutions Limited

Discussions

Finflux Community

Languages Supported

Arabic, English, Esperanto, French, Hindi, Portuguese, Thai, Vietnamese, Chinese (Simplified)

Solution Type

Best-of-Breed

Overview by

Chinar Gauri

Value at a Glance

Averages based on real user reviews.

Time to Implement

2 months

Perceived Cost

$$$$$

View More Pricing Information

Top-Rated Alternatives

Abrigo Loan Origination

4.6/5(92)

View All Alternatives

User Insights

Average based on 106 real user reviews.

Implementation Time

2 months

Perceived Cost

$$$$$

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AASTHA R.

Product Manager-tech

Mid-Market (51-1000 emp.)

8/10/2023

"Efficient Loan origination, tracking and management"

4/5

What do you like best about Finflux?

Our entire lending process has become seamless starting from origination to risk assessment and management. The turnaround time for origination and disbursement has significantly reduced with automated workflows allowing us to process a greater number of loans. Also, BRE, being a unique feature, allows us to automate processes like qualification, decision-making and credit underwriting, efficiently. Review collected by and hosted on G2.com.

What do you dislike about Finflux?

In the short association with FINFLUX, there is nothing specific to comment on. Review collected by and hosted on G2.com.

Ravi K.

Small-Business (50 or fewer emp.)

7/25/2023

"Financial Software Services"

5/5

What do you like best about Finflux?

This application gives user a comprehensive solution to manage all financial management includes accounting, client management, accounts, reporting to name a few. Review collected by and hosted on G2.com.

What do you dislike about Finflux?

As of now, this application is very promising and of course there would be a support team to help for occasional technical glitches. Review collected by and hosted on G2.com.

Harshit G.

IT Head

Mid-Market (51-1000 emp.)

12/9/2022

"Extremely helpful after sales support, efficient and fast delivery of solutions"

5/5

What do you like best about Finflux?

The platform is extremely helpful for our NBFC but the best part is how fast they respond to custom queries and updations in the software, and go out of their way to help their customers, providing a great user experience. Review collected by and hosted on G2.com.

What do you dislike about Finflux?

There are no downsides. Have been using the software for a year now and can confidently say, we are satisfied -.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.- Review collected by and hosted on G2.com.

Suresh Kumar S.

IT-Project Manager

Enterprise (> 1000 emp.)

11/8/2022

"Good"

4.5/5

What do you like best about Finflux?

Support team's availability during the business working hours. Team is really good and helping in all terms. Review collected by and hosted on G2.com.

What do you dislike about Finflux?

Support after business working hours. Sometimes, no one is available to provide enough/proper support after the day ends, and you might call higher management to get some updates/support. Review collected by and hosted on G2.com.

What problems is Finflux solving and how is that benefiting you?

We are using Finflux as our LOS/LMS and managing the entire customer base and their portfolio. This starts with customer onboarding, loan disbursement, and till the time customer is part of the system. The Finflux system is quite easy & smooth to operate and doesn't require much training for the newly added staff. Review collected by and hosted on G2.com.

Suhas A.

IT - Application Manager (PMO) Project Management Office

Enterprise (> 1000 emp.)

Originally submitted 2/19/2020

"Finflux Banking Made Easier"

4/5

What do you like best about Finflux?

The development happening within the Organization and efforts to ramp up the product and open approach towards connecting different Digital platforms is great things Review collected by and hosted on G2.com.

What do you dislike about Finflux?

All good, no dislikes as of now with the application Review collected by and hosted on G2.com.

Recommendations to others considering Finflux:

Good Review collected by and hosted on G2.com.

What problems is Finflux solving and how is that benefiting you?

Having MIFOS platform as a base, matured product features suites best to JLG and NBFC industry

Having LMS and LOS in a single platform, the addition of Android-based collection module helped us to do a quick adaption of Android-based collection process with increased flexibility having offline collection module which is added advantage

The Rule engines and Risk criteria based underwriting module, helped us to adapt workflow-based decision making for dynamic Products helped us to take decision much faster

PAYMENT API's, CIC's Integration helped us to complete the Loan disbursal process faster and Aadhar Data Vault and CKYC integration helped us to meet compliance requirements better Review collected by and hosted on G2.com.

Anagha V.

IT Application Manager

Enterprise (> 1000 emp.)

11/8/2022

"Finflux is a standard application."

4.5/5

What do you like best about Finflux?

Many modules in a single application and the performance is mostly stable all the time. Review collected by and hosted on G2.com.

What do you dislike about Finflux?

Not Applicable at this point of time,will need more experience to comment about it. Review collected by and hosted on G2.com.

Naman M.

Accounts Head

Enterprise (> 1000 emp.)

Originally submitted 12/22/2021

"Awesome"

5/5

What do you like best about Finflux?

Support team is very good. They resolve all our queries in a timely manner. Review collected by and hosted on G2.com.

What do you dislike about Finflux?

Nothing is there which we dislike. However we suggest them to be more and more innovative Review collected by and hosted on G2.com.

Prateek R.

Project Manager

Enterprise (> 1000 emp.)

11/8/2022

"Good to have LOS/LMS Software"

4/5

What do you like best about Finflux?

Microfinance consumer journey and the level of customization at every step. Review collected by and hosted on G2.com.

What do you dislike about Finflux?

Many times, the non-availability of the support team disappoints more. Review collected by and hosted on G2.com.

Shinn Wai Yan B.

MIS Manager

Enterprise (> 1000 emp.)

Originally submitted 12/21/2021

"A powerful microfinance system with stronger support"

4.5/5

What do you like best about Finflux?

First of all, the system has almost all of the best and necessary functions for a microfinance institution. During the pandemic crisis, Finflux helps us to control and maintain the portfolio at risk ratio with its reschedule and restructure functions. For support, Finflux provides us with prompt support for all our concerns and issues. Review collected by and hosted on G2.com.

What do you dislike about Finflux?

Almost all of the current functionalities are perfect, but I would like to suggest giving more flexibility for user bulk operations, for example, allowing a moratorium in bulk disbursement. Review collected by and hosted on G2.com.

Recommendations to others considering Finflux:

I strongly recommend to my friends and others to use Finflux since our organization has used this system a long time, and it's a sound system from all perspectives like robustness, security, and many more. More than that, all of the technical supports from Finflux are very friendly and helpful. Review collected by and hosted on G2.com.

What problems is Finflux solving and how is that benefiting you?

Mostly, we tried to get customization features that are only for my organization based on our end-user requirements. And also, we tried to do a lot of integration with a lot of third-party systems. For issue handling, we worked closely together to be able to solve all of the issues on time, and Finflux supports us as fast as they can. Review collected by and hosted on G2.com.