EveOn Money connects small loan brokers in India with a network of banks through an AI-powered platform. The platform streamlines loan processing, document recognition, and payment analysis, while also providing in-house loan specialists to assist borrowers. This helps brokers expand their reach, banks acquire new customers, and borrowers access a wider range of loan options with faster disbursal times.
Funding
Funding not disclosed
Founders
Product
Problem
Small loan brokers in India face challenges in efficiently connecting with a wide network of banks, leading to slower processing times and limited access to diverse loan options for borrowers. This fragmented process can hinder brokers' ability to expand their reach and banks' capacity to acquire new customers.
Solution
EveOn Money offers an AI-powered platform that streamlines the loan processing workflow for small loan brokers in India, connecting them with a comprehensive network of banks. The platform facilitates efficient document recognition, payment analysis, and loan processing, accelerating disbursal times. Additionally, EveOn Money provides in-house loan specialists to assist borrowers throughout the application process. By optimizing the connection between brokers and banks, EveOn Money expands the reach of financial institutions, empowers brokers to offer a wider range of loan products, and enables borrowers to access suitable loan options more quickly.
Target Audience
EveOn Money primarily targets small loan brokers and Direct Selling Agents (DSA) in India seeking to expand their business and connect with a broader network of lending institutions, as well as banks looking to acquire new customers through a streamlined platform.
Features
- AI-powered platform for automated document recognition and analysis
- Streamlined loan application and processing workflow
- Connection to a wide network of banks and financial institutions in India
- Partner dashboard for channel partners with dedicated support team
- Dedicated relationship managers to assist channel partners
- Support for various loan types including personal loans, home loans, business loans and loans against property