Kaleidofin is a fintech platform dedicated to democratizing finance by providing inclusive and tailored financial solutions to underserved individuals and businesses. By leveraging advanced machine learning and suitability engines, Kaleidofin offers goal-based financial services that cater to various life stages of its customers. The platform seamlessly integrates with partners such as banks, microfinance institutions , non-banking financial companies , and corporations to ensure accessibility through assisted onboarding, reaching customers directly at their doorstep.
Key Features and Functionality:
- Lending as a Service: Enables financial institutions to integrate with MFIs, MSMEs, NBFCs, and corporates to offer doorstep lending solutions.
- Co-Lending and Direct Assignment: Facilitates co-lending across institutions through robust technology solutions and enhanced credit assessment, expanding credit access.
- Securitization: Provides effective selection, credit assessment, and management of securitized pools backed by cutting-edge analytics.
- BC Lending at Scale: Utilizes strategic business correspondent partnerships, supported by loan origination systems , loan management systems , and middleware solutions, to unlock new opportunities.
- Credit Assessment: Offers AI/ML-based credit decisioning models built on over 30 million data points, equipping institutions to confidently assess underbanked and unbanked customers.
- Risk Management: Provides holistic risk management solutions with comprehensive portfolio management, customer journey tracking, and impact metrics.
- Customer Engagement: Simplifies finance by empowering banks to make banking accessible to all through smart finance, data science, and technology, driving financial inclusion in underbanked sectors.
- All-in-One Finance Solutions: Empowers customers to embark on a fearless financial journey with assisted digital access to savings, credit, and insurance services in a trusted and transparent manner.
- Omni-Channel Customer Connect: Enables seamless and interactive banking experiences across various channels, including text, voice, and video connect.
Primary Value and User Solutions:
Kaleidofin addresses the financial needs of over 600 million underbanked and unbanked individuals engaged in the informal economy by offering simple, well-designed financial solutions. The platform's goal-based approach helps customers achieve real-life financial objectives, such as education, home purchase, or retirement, by providing personalized financial plans. By integrating credit, investment, and insurance services, Kaleidofin enhances financial inclusion, reduces service delivery costs, and extends the reach of financial products to underserved populations. Its AI-driven credit assessment tools and risk management solutions enable financial institutions to make informed lending decisions, thereby expanding credit access and fostering economic growth among nano and micro-sized enterprises.
