Fintech Company Rubique Establishing its Mark in International Markets
By facilitating loan disbursement worth $200 mn & setup of over 35,000+ charge card, Rubique is heading towards becoming a conclusive fintech player in Indian on-line lending which has produced ~$ 3.5 mn income more than its collection A funding.
Rubique, the one-stop online market, gives innovation allowed end-to- end solutions to funding demands of people & SMEs. The platform allows individuals to get access to car loan, credit card & insurance products. It expedites the process by its unique matchmaking formula enhanced with intelligence improved 117+ digitized credit plans. This algorithm matches the consumer's demand & qualification with lender's borrowing requirements, thus making the item exploration extra predictable. With endeavor to present 100% digitization in Indian lending system, Rubique has directly incorporated its platform with financial institutions' systems to offer online in-principle authorization. The various other innovation treatments like eKYC, Aadhar integration & online credit bureau check make the process further simplified.
With 10% MOM development, Rubique has actually totally digitized the funding supply chain, reducing the lending handling time practically by half vis-- vis turn-around time in traditional method. It has actually promoted SMEs enormously by refining quick lendings as and when small companies need capital. In fact, 65% of the complete loans were provided to SMEs via Rubique platform, with in overall 1,25,000 applications being processed over the last two years.
Riding on its robust tech framework and immaculate services reinventing the Indian fintech landscape in financing, Rubique is getting pleased by different global consortiums. In Paris fintech forum 2017, Rubique was amongst 130+ fintech individuals shortlisted throughout 25+ nations. In prominent Benzinga Global Fintech Honors 2017-New york city; Rubique was the finalist in the group of Best Lending Platform, Tool competing with worldwide renowned fintech players. Recently, the platform has currently been selected by Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, to be a part of the first set of its FinTech Regulatory Laboratory (RegLab) program. The platform will currently develop and test its fintech advancements even more as part of the program. Recognitions like this verify that Rubique's business version has actually been confirmed and has potential to be reproduced in territories aside from India.
