“While most (lenders) have transactional data, they may not have specific information such as full company financials, goods and services tax (GST) invoices, company director list and their own credit scores, among others. These factors can enable better underwriting decisions for a lender,” Rohit Taneja, co-founder and chief executive officer (CEO), Decentro, told Business Standard.
He said that a partnership with a company headquartered overseas can streamline compliance requirements across countries.
“Our collaboration with Decentro brings together the best of infrastructure and intelligence. With our credit and trade data combined with Decentro’s platform-first approach, we’re making real-time, AI-powered business insights available to financial players across Southeast Asia,” Shrikant Patil, CEO of DigiAlly said.