Dana, an embedded lending platform and FintechOS, a global technology provider for banks, insurers, credit unions, and other financial services companies, has unveiled a partnership to provide innovative technology solutions and strategic value propositions to financial institutions, particularly in the South Asian region.
The combination of Dana’s AI-powered embedded lending platform and FintechOS’ high-productivity fintech infrastructure (HPFI) will enable financial institutions in Bangladesh and other South Asian markets to launch new digital lending offerings at speed, without high levels of technological expertise and investment.
This partnership will also support financial institutions to rapidly build new and differentiated products that can be easily integrated into their offerings, leveraging FintechOS’ next generation digital core banking platform and Dana’s Lending-as-a-Service engine.
“We are pleased to announce the collaboration with Dana. The promise of FintechOS’ high-productivity fintech infrastructure meets the digital lending expertise of Dana, empowering lenders to expand access to affordable credit for SMEs and individuals. FintechOS and Dana will be working together with South Asian financial institutions to create and personalize products, services, and interactions to a segment of one”, said Todi Pruteanu, VP of Ecosystem at FintechOS.
“By partnering with FintechOS, we are expanding our capability to deliver a next generation digital banking platform to our partner banks and lenders. This is an exciting opportunity for us, and we are looking forward to working in collaboration to also enable digital platforms including e-commerce, marketplace and fintech, to offer seamless embedded lending services to a wider range of customers who can truly benefit from them”, said Gazi Yar Mohammed, co-founder & CEO of Dana.
