SIMPLILEND

The global marketplace is fraught with inefficiencies in its ability to provide capital to individuals and businesses without a credit score or collateral. In addition, a strong history of credit and sufficient collateral does not guarantee swift availability of funds and easy serviceability of borrowing/lending needs. The problem is perhaps more pronounced in countries such as India. SimpliLend is an attempt to simplify credit in India. They endeavor to add simplicity across two dimensions name... ly coverage of individuals and serviceability of a loan by using disruptive technology and domain expertise. They intend to support the current financial services institutions and infrastructure by way of their technology. SimpliLend is an angel funded venture in stealth mode founded by individuals who have proven track record of success in financial services, investment management, & technology. The team is also complemented by various data scientists who have decades of experience with areas in behavioral finance, statistics, economics, and econometrics. Their team constitutes Ivy League MBA’s, IIT graduates, and veterans of Indian Financial Services including RBI (Reserve Bank of India), SBI (State Bank of India) etc. Their team members have worked across North America, Europe, Middle-East, & of course India.More