What is Neofin?
Neofin is presented as a Shopify for lending business. It is a low-code SaaS for lending automation that allows launching any lending business in as fast as 15 minutes, establishing the credit products in 1 hour, and issuing credits the same day. It covers all the stages of the borrower's journey, including loan origination, servicing, loan management system, decisioning, underwriting, collection, and even out-of-box front-end components.
Neofin's modulated platform enables a financial institution to create full-cycle loan applications and services such as PDL or BNPL directly from its Control Panel.
Modules include:
Neofin's modulated platform enables a financial institution to create full-cycle loan applications and services such as PDL or BNPL directly from its Control Panel.
Modules include:
POS front-end/ BNPL widget
Loan Management system
Borrower area site builder
Debt collection
Digital onboarding and KYC
CRM/marketing
Decision engine/credit scoring
Categories & Use Cases
Technical Details
| Deployment Types | SaaS |
|---|---|
| Mobile Application | No |
| Supported Countries | United States, Canada, UK, MENAT, APAC, Australia |
| Supported Languages | English |
FAQs
How much does Neofin cost?
Neofin starts at $1599.
What are Neofin's top competitors?
TurnKey Lender, Provenir Platform, and MeridianLink Mortgage are common alternatives for Neofin.