Skip to main content

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

Comments

Post a Comment

Popular posts from this blog

Convin launches AI-powered agent assist platform for banks & financial institutions

Bengaluru-based Convin.ai, a leading AI-driven platform that reimagines virtual assisted selling for businesses, today announced that it has launched an AI-powered agent assist platform that helps  them better prioritize their collection accounts resulting in a 25% increase in the closure rate.  The new platform also  has a proactive alert mechanism and sentiment analysis that triggers a red alert in case of any shouting or abuse during the call so that necessary steps can be taken to tackle such a situation.  The proactive alert mechanism has helped Convin’s BFSI customers improve their CSAT scores by 30%.  Three main pillars supporting the just launched platform are – 1. Automated quality management, which scores the call performance and identifies training opportunities for agents; 2. Call behaviour analysis which uncovers the behaviour outcome of calls (wins and losses) and 3. Automated quality coaching based on the above 2 that completely removes ...
Post a Comment
Read more

Royal Orchid Hotels expands presence in Goa

  ·          Regenta Central Imperial Candolim is Royal Orchid Hotels’ fifth property in Goa I ndia’s leading business and leisure hospitality brand Royal Orchid & Regenta Hotels is expanding its presence in the country’s most popular tourist place Goa. Royal Orchid Hotel has launched its fifth property - Regenta Central Imperial Candolim in Goa. The property will be operational beginning October 15. T he launch of its fifth property. The Group is already running four properties in the state -   Royal Orchid Beach Resort & Spa Utorda Beach, Regenta Central North Goa, Arpora, Regenta Place Mandrem Beach Resort, Pernem and Regenta Inn Palacio De Goa, Panaji. The Regenta Central Imperial Candolim is strategically located at the Candolim road – a short distance from north Goa’s exciting tourist attractions. The newly opened luxury property comprises 73 rooms. These include four imperial suites, 18 luxury suites, four deluxe roo...
Post a Comment
Read more

SAEINDIA sets agenda for the future of mobility, with the First ever Sustainable Multimodal Mobility Conference - SIIMC 2022

·          SIIMC 2022 is the 10th Edition of the International Mobility Conference ·     The SAEINDIA International Mobility Conference (SIIMC 2022), will bring together the mobility ecosystem, with a phygital event to be held between Oct 12 and 14, 2022. ·          The conference will see participants presenting more than 180 papers and 543 abstracts on engineering innovations, focusing on promoting sustainable and multi-modal mobility in India and globally. ·          TechHive, a dedicated space for technology presentations and product demos/B2B stalls, will be the largest meeting point for mobility startups and investors, to converse and forge business partnerships . The country’s leading resource for mobility technology SAEINDIA (the Society of Automotive Engineers INDIA) , is back with the 10th edition of its flagship event SAEINDIA Internation...
Post a Comment
Read more