Delhi based fintech firm Finway has recently launched FinwayLoan App for the ease of the customers to apply for loans instantly. Once the customers have uploaded their profiles on the App, they will not be required to update any information later as the application will fetch data using technologies like Artificial Intelligence, Machine Learning and Big Data to keep the profile most upto date. The app is available on Google Play and App store.
Finway has also developed a patent pending algorithm which provides a FRS (Finway Review System) score based on customer’s profile and immediately forwards the loan application to the most apt financial institution. The registered agents will then digitally process loans across four categories, that include, home loan, business loan, loan against property, and personal loans within minutes. All the information regarding application and verification will reach the agents in real time. The customers will also get access to their FREE credit score by just a click with absolute ease.
The objective behind Finway Loan App is to consolidate the market, easily reach loan seekers, and provide them with quick loan solutions in a transparent manner.
On the launch of App, Rachit Chawla, CEO, Finway, said “Finway is committed to financially empower people in India and help them achieve their financial goals. With this app, we aim to strengthen our relationships with the customers by providing them with ease and convenience of getting loans. Also, we’re targeting 200 active partners across PAN-India by the end of the year 2019.”