Kosovo’s Cash Plus selects Profile Software’s Finuevo Suite for loan process management
Cash Plus, a digital lending platform based in Kosovo, has gone live with Profile Software’s Finuevo Suite for end-to-end loan management.
Profile says its Finuevo Suite covers “the entire range of financing processes”. It includes the core banking platform Finuevo Core, which “accommodates a wide range of banking products and operations”, and its digital banking platform Finuevo Digital, which “supports all required customer journeys across web and mobile channels”.
Cash Plus will leverage the as-a-Service suite across the full loan lifecycle, including certification and digital onboarding, loan origination, automatic credit checks and instant loan approval, disbursement, initiation of the loan and acceptance of payments until the loan is fully repaid.
The partnership will boost the lender’s ability to execute instant customer financing while also supporting its “future growth plans”, Profile says, adding that its tech provides full monitoring of the progress of customers’ applications and loans.
Profile adds that the cloud-based solution was implemented with Cash Plus in “an extremely short time period” owing to Finuevo’s “out-of-the-box functionality”.
Cash Plus CEO Armond Dranqolli, who co-founded the company last year, says Profile has delivered “a scalable solution that equips us with the tools to comprehensively manage our end-to-end loans processes”.
Profile has sealed the deal with Cash Plus just over a week after it announced that First Global Bank, a subsidiary of the GraceKennedy Group providing commercial banking services in Jamaica, also selected the Finuevo Suite to power new digital onboarding and loan origination facilities.