Veefin Empowers Digital Lending with Strategic Fintech Collaborations

Mumbai (Maharashtra) [India], September 18: Veefin Solutions Limited (BSE: VEEFIN | 543931) has entered strategic partnerships with over 15 prominent fintech firms and enterprises. These collaborations aim to revolutionize digital lending and API infrastructure solutions. Leading the way are SimplyFI, Equence, and WhatsLoan, each contributing specialized knowledge to drive innovation and set new standards for compliance and scalability.

These alliances strengthen Veefin Group's ambitious vision to establish the World's Largest Working Capital Technology Ecosystem, empowering financial institutions, businesses, and consumers with secure and scalable digital solutions. With SimplyFI, they are integrating AI-powered loan origination and management systems, offering lenders advanced underwriting and seamless access to necessary APIs.

Equence focuses on fraud risk and compliance, providing a comprehensive API stack to enhance integration, compliance, and fraud risk management. WhatsLoan is leveraging the RBI's Unified Lending Interface and Digilocker for improved consumer KYC processes. With over 15 partnerships, Veefin's API business is becoming vital in digital finance services, underlined by Chairman Raja Debnath and COO Gautam Udani, highlighting the collaborative efforts to solve real challenges in lending and finance.

(With inputs from agencies.)