Qazwa is a financial technology company that employs a sharia peer-to-peer (P2P) lending system to support the development of UMKM in Indonesia by providing Islamic-based finance and alternative financial instruments.
Efficient loan processing is critical for a business, and Qazwa understands its significance, especially during the analysis of potential customers. This necessity led to various challenges in their lending operations, such as:
Manually analyzing customer data takes a long time, with team members spending hours identifying relevant information for making decisions.
Human errors in data analysis are prevalent, impacting the overall accuracy and efficiency of the loan process.
The presence of potential fraud necessitates extra analysis due to its complexity, requiring thorough processes to protect against financial risks.
With the OCR and bank analyzer from Fintelite, our technology can assist lending companies in streamlining the lending processes. Qazwa saw the potential of Fintelite AI, so they decided to try our product firsthand. After a few moments, Qazwa realized that Fintelite might significantly enhance their loan onboarding process.
Fintelite emerges as the game-changer for businesses like Qazwa, revolutionizing their operations in three key areas:
Fintelite’s OCR technology significantly reduces manual work. This results in a significant reduction in credit analysis processing time, allowing Qazwa to navigate complex data and make informed decisions with swiftness.
Excels at extracting and analyzing data from bank statements rapidly and precisely. By thoroughly analyzing every detail, credit risk is reduced while also providing comprehensive data.
Our AI technology can detect discrepancies and potential fraud, ensuring that risks are managed before they impact the business. Also, by implementing Fintelite, Qazwa can save time and cost by two to three times.
Dikry, CEO of Qazwa, stated that Fintelite significantly enhances Qazwa’s workflow, particularly in analysis operations, making the process faster and enabling the analyst team to adapt to AI developments in Indonesia.
He also emphasized that in the lending industry, a solution like Fintelite AI is essential. It not only speeds up the loan process but also improves customer satisfaction and overall operational efficiency.
