JOIN US Loany, which acts as a bridge between the lender and the borrower by connecting them, plans to launch more FinTech tools.
“Apart from new tools, we will also come up with a new version of the Loany app — Loany 2.0 — by March this year,” said Gyanmatrix CEO Hariharan Parasuraman.
At Gyanmatrix, techie-turned-entrepreneur Parasuraman incubated FinTech app Loany that serves as a web aggregator for loans.
“Loany went live from March 2016, and we have 7,500 customers. We handle 20 cases per month, with per ticket average of Rs 4-5 lakh,” said Parasuraman, adding that they have partnered with leading banks, NBFCs and peer-to-peer lending platform.
Talking about Finsuite that Loany is working on at present, Parasuraman said, “Finsuite will include Digicap, a payment-tailored tool for conflict prevention; Bridgechat, which connects business, customer and bridge anonymously; Digidoc, a block-chained financial document locker; Voiceform, an on-boarding platform for laymen, Finshop, where one can shop FinTech solutions; and Dashboard, which brings sales and marketing, support and management.
The new version of Loany will have some of these tools. “We are planning to launch Dashboard, Finshop and Digicap by March this year, and the rest by the first quarter of the next fiscal year,” he said, adding that Loany is in talks with investors for raising funding.