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Business Economy


Indian-IT company ities with US based Jocata in KYC solutions develoment

Hyderabad, Nov 24 (UNI): Indian IT company from Hyderabad, i-lend, India's first and leading online peer-to-peer platform, connects borrowers who are in need of money to lenders who are ready to lend, has lunched as an initiative of Dipamkara Web Ventures Private Limited.
i-lend helps borrowers get loans at lower rates and lenders get better returns from mutually beneficial transactions between them. i-lend has tied up with US based Jocata, a leader in Anti Money laundering Fraud control Technologies which has built a comprehensive KYC solution to suit the requirements of i-lend, which will help i-lend verify borrowers online in a span of 30 minutes.
i-lend is the first company that has implemented such a model of quick and comprehensive verification, the IT company claimed in a release here today.
Speaking on the occasion, Mr. VVSSB Shankar, Founder, said: “i-lend will be using this application to assess the borrowers KYC in few minutes and approve the loan requests.
Joining with Jacota adds to our strength and allows us to offer quick services to the borrowers” and reinforces our commitment to providing cutting edge tech processes in the P2P lending space, the release added.
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