Credgenics wins the #1 Best Selling Loan Collections Platform position in IBS Intelligence India Sales League Table 2022
- Credgenics ranked #1 Market Leader in India Retail Lending and #2 Regional Leader in APAC with a stellar record of new order wins
- Credgenics ranked #1 Star Performer SLT New Entrant in APAC in its first
ever participation with inclusion in Industry Leader Special listing
Credgenics, the leading provider of loan
collections and debt resolution SaaS-based technology solutions to banks, non-banking
finance companies and FinTech lenders worldwide, today announced that the
platform is ranked #1 leader in India in Retail Lending Systems category by the UK-based research and advisory analyst firm, IBS
Intelligence, in their Annual Sales League Table 2022.
Credgenics bagged the top spot as the Best Selling Retail Loan Collections Platform in Retail Lending category in India Sales League Table 2022, a reflection of its rapidly increasing market share. Credgenics is also the #2 Regional Leader in APAC based on its large number of new sales orders and the #1 Star Performer SLT New Entrant in the APAC. Running for over two decades, the iconic Annual IBSi Sales League Table, ranks the leading banking technology systems for their new customer order wins worldwide during the year. It is an industry-wide neutral benchmark for banking technology system sales globally.
Credgenics enables banks and other non-banking lending companies to digitally transform their end-to-end collections processes. The AI-powered SaaS based platform comes with innovative capabilities that bring a unique digital-first and data driven perspective to retail loan collections. The market leading platform makes collections faster, super-efficient customer-centric, and intelligent. Credgenics platform, designed by the banking domain experts, follows an agile product roadmap approach to ensure that its customers remain ahead of the technology and business transformation curve.
Mr.
Rishabh Goel, Co-founder and CEO, Credgenics, said, “We are extremely proud of winning the top leadership position
in collections in India and being ranked second in the APAC. Our exemplary
performance with our debutant entry is a true reflection of the overwhelming
support and confidence shown by the banking and financial services industry leaders.
This recognition for our AI-powered platform reinforces our belief that retail
loan collections is ripe for disruption and our innovation backed
transformation agenda is resonating across the community. We are confident that
our digital-first and data driven approach to collections will help us
replicate this success in other markets.”
Robin
Amlot, Managing Editor, IBS Intelligence, commented, “With
1,900+ technology deals from 60 suppliers across 134 countries that involved
1,000+ banks, this year’s IBS Intelligence SLT was extremely competitive. It is amazing to see the
grand entry that Credgenics has made to the Sales League
Table. In its maiden participation, Credgenics
has claimed the leadership position in
India Retail Lending category by a significant margin and #2 position in APAC
with its remarkable number of new orders. A worthy #1 Star Performer New
Entrant to the SLT, Credgenics’ performance demonstrates the potential for
innovative technology solutions as the banking and financial services industry
continues to remain aggressive on the path of digital transformation.”
About
Credgenics: Credgenics is a leading provider of loan collections and debt resolution
technology solutions for Banks, NBFCs, ARCs & Digital lending firms
worldwide. Credgenics’ SaaS platform helps lenders with end-to-end digitized
loan collections through a mix of AI-led digital communications, litigation
services, integrated payments platform, and a feet-on-street app for
collections agents. With Credgenics, lenders have boosted their collections
efficiency, enhanced the recovery rates, and transformed their customer
experiences. https://www.credgenics.com
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