Ignosis provides an Account Aggregator infrastructure and financial data intelligence platform for the BFSI sector. The platform enables hyper-personalized services in credit, insurance, and investments through AI-driven analytics. It offers end-to-end solutions for underwriting, collections, and risk management leveraging open banking frameworks.
Funding
Funding not disclosed
Founders
Product
Problem
Financial institutions often lack real-time visibility into customer cash flows and spending behavior, hindering accurate risk assessment and personalized financial product offerings. Traditional methods of gathering and analyzing financial data are often slow, cumbersome, and lack the depth needed for effective decision-making.
Solution
Ignosis provides an account aggregation platform that delivers financial data intelligence and actionable insights to banks, financial services companies, and insurance providers. The platform leverages Account Aggregator (AA) powered consented data sourcing, coupled with AI/ML-powered analytics, to provide deep customer insights on cash flows, customer personas, and spending behavior. This enables hyper-personalization, automation, and democratized credit access. The platform offers a suite of products including account aggregation, lending infrastructure, and embedded lending solutions.
Target Audience
The primary target audience includes banks, financial services companies (BFSI), and insurance providers seeking to enhance lending processes, improve risk management, and offer personalized financial products.
Features
- Multi AA TSP Modules for secure financial account linking.
- Analytics Engine for intelligent collections and risk management.
- Lending Infrastructure for ONDC & OCEN integration.
- Digital KYC Solutions, including analytics for banking, GST, ITR, and SMS data.
- Employment & Income Verification.
- BRE & Risk Scoring.
- Plug & Play SDK & APIs for embedded lending.
- Cloud-native architecture for scalability and on-premise or cloud deployment options.
- API-first design for seamless integration with existing systems.