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101-500
Chennai
India , 2008
Chennai
We help Banks and FIs to acquire customers digitally in a branchless manner for a diverse range of financial products by providing a low code platform, that enables Complex workflows, Dynamic underwriting processes, Pluggable API integrations
A leading venture capital firm based in Chennai, India. This substantial commitment validates our business model and underscores our potential. A Low-code Orchestration platform that enables: *Complex workflows *Dynamic underwriting processes *Pluggable API integrations
CloudBankin generates revenue by charging 20-40 basis points on Assets Under Management (AUM) and $0.5 per loan application. For example, a bank managing $120 million of AUM and processing 150,000 applications would generate $300,000 in revenue for CloudBankin.
India, Southeast Asia
SaaS
B2B
BackBase, Lentra, M2P.
Tell us a bit about how founding team knows each other.
We both know each other for the past 20 years where we all studied together in one of the reputed institutions Madras Institute of Technology, Chennai.
Why did you decide to start this company?
We launched CloudBankin after learning that over 1,000 lending institutions use outdated systems and neglect customer experience, with less than 1% offering proper onboarding.
Are all the founders full-time on this project?
Yes
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