Telecom Asia Awards 2018: Frictionless lending has a new address

Telecom Asia staff writer
Telecom Asia
Most Innovative Partnership Strategy

Lendr (FINTQnologies)

Telecom Asia Awards 2018: Most Innovative Partnership Strategy, FINTnologiesIn the Philippines, borrowing money can be onerous and time-consuming. Those needing emergency funds end up with informal lenders who charge exorbitant interests.

FINTQnologies’ Lendr offers a refreshing solution that helped it the Most Innovative Partnership Award. It is a fully digital, cloud-based, multi-channel, multi-device, telco and bank agnostic, loans solution. It removes the hassle of integrating bank and nonbank partners and speeds up loan applications within 1-3 days.

The platform is the first and only cloud-based loans marketplace platform approved by the Bangko Sentral ng Pilipinas (BSP). Over 200,000 borrowers from public and private sectors used the platform. It also provides over 11.2 million individuals in the country’s agricultural sector with access to ASEAN’s first digital agricultural loan.         

This article first appeared on Telecom Asia December July 2018 Edition

Telecom Asia Awards 2018 Winners: The complete list 

 

Commentary

5G and data center-friendly network architectures

Matt Walker / MTN Consulting

Webscale and transmission network operators' interests are aligning as the 5G era dawns

Matt Walker / MTN Consulting

Webscale and transmission network operators' interests are aligning as the 5G era dawns

Rémy Pascal / Analysys Mason

The launch of 5G by South Korean operators serves as a first benchmark for other operators around the world