Approach for Building Winning NBFC Products

1. BUILDING WINNING
NBFC PRODUCTS

2. Technology is bringing
disruption in the Finance Industry
This research was done as a part of the pitch for a leading financial enterprise

3. New startups are emerging
at a pace like never before
This research was done as a part of the pitch for a leading financial enterprise

4. and they are competing with incumbents
by providing technology driven business models
This research was done as a part of the pitch for a leading financial enterprise

5. Business Models that are
Easier to Use
Hassle Free
Lesser in Cost
This research was done as a part of the pitch for a leading financial enterprise

6. Avant
Marketplace Lending Platform
Avant is a fast-growing marketplace lending platform that is lowering the
costs and barriers of borrowing for consumers
 2 years and 200,000 customers
 All points of contact happen online
 Quick funding - as easy as "booking an Uber”
 Late forgiveness fee waived if user pays next 3 instalments on time
 They have their own credit scoring model that evaluates more that
1000 potential factors - 20 times more than traditional lenders
 Credit Scoring done by data not only from repayment history on
credit cards, car loans, mortgages, apartment rental information, card
payment history but also how customers fill out information using
upper or lowercase letter, time of day, time taken for completion etc
This research was done as a part of the pitch for a leading financial enterprise

7. Monedo
Financial Services
Monedo is a financial technology company which
delivers a range of complimentary and exciting
financial services products to customers
 Provided 500,000 loans in 3 years
 No paperwork, everything is online
 Super Fast, decision in seconds
 No Appointments
This research was done as a part of the pitch for a leading financial enterprise

8. Zhong An
Online Insurance
Zhong An is a Chinese online property insurer
backed by Alibaba Group Holding Ltd
 China's first online only insurance firm
 Funded by Alibaba.com and Tencent
 Underwritten 630 million insurance policies for
150 million clients in its first year
This research was done as a part of the pitch for a leading financial enterprise

9. Simple
Online Bank
Simple is a completely online consumer bank. Simple
combines innovative technology, impeccable user
experience, and expertise in behavioral economics to
help its customers spend smarter and save more
 The bank has no branches and is online only
 Goal based banking that is changing the way
people bank
 Cuts cost by eliminating branches and shares the
benefits with customers by reducing fee
This research was done as a part of the pitch for a leading financial enterprise

10. Wealthfront
Investment Management
Wealthfront is an online Investment and Financial
advisory company
 Fintech startup that allows you better investment
and portfolio management
 Use of technology in Robo Advisory
This research was done as a part of the pitch for a leading financial enterprise

11. ..and there are many more!!
Source: www.fintechinnovators.com
This research was done as a part of the pitch for a leading financial enterprise

12. Today financial technology startups
are emerging at a faster pace than ever
This research was done as a part of the pitch for a leading financial enterprise

13. Today financial technology startups
are emerging at a faster pace than ever
They are providing
better and faster technology solutions
This research was done as a part of the pitch for a leading financial enterprise

14. Today financial technology startups
are emerging at a faster pace than ever
They are providing
better and faster technology solutions
and they are
competing with Traditional Players
This research was done as a part of the pitch for a leading financial enterprise

15. Almost all of these startups are using
open source technologies for building their products
This research was done as a part of the pitch for a leading financial enterprise

16. You might be thinking
Why Open Source Technologies?
This research was done as a part of the pitch for a leading financial enterprise

17. FLEXIBILITY
ADAPTABILITY
AGILITY
LOW COST
SECURITY
Benefits of
Open Source
CUSTOMISATION
This research was done as a part of the pitch for a leading financial enterprise

18. Enterprises using Open Source
This research was done as a part of the pitch for a leading financial enterprise

19. Kuliza’s Approach for
Building Digital NBFC Products

20. End to end online
and direct to consumer
This research was done as a part of the pitch for a leading financial enterprise

21. Agile meets Lean
This research was done as a part of the pitch for a leading financial enterprise

22. Consumer Centered
and
not just consumer focused
This research was done as a part of the pitch for a leading financial enterprise

23. Integrated
Online Stores
Aggregators
Retail Outlets
This research was done as a part of the pitch for a leading financial enterprise

24. Data Driven
Location
Beacons
Past Repayment Data
PAN & UID
Social
Data Mining and regression models
This research was done as a part of the pitch for a leading financial enterprise

25. Cloud Scaled
This research was done as a part of the pitch for a leading financial enterprise

26. Goal Driven
Digital Assistant
Financial Planner
This research was done as a part of the pitch for a leading financial enterprise

27. End to end online and direct to consumer
Agile meets Lean
Consumer Centered and not just
consumer focused
Integrated
Data Driven
Cloud Scaled
Goal Driven
This research was done as a part of the pitch for a leading financial enterprise

28. THANK YOU