We deliver complete lending software that automates every step of the lending process. Built-in AI decision engine makes quick and accurate credit decisions using standard and alternative scoring. Ready to deploy tailored to your business needs in 60 days

Example of Table for credit products
Example of Table for credit products

AI-Powered
Decision Engine

Make your credit decisioning process reliable by optimizing creditworthiness assessment, even when it comes to high-risk borrowers. Make the best use of advanced machine learning and deep neural networks to dramatically improve your credit decisioning's accuracy and speed.
AI algorithms can also help to more easily identify fraud and creates opportunities for improvement of the customer experience across the entire lifecycle.

Loan
Origination

A well-organized and easy-to-follow

application process.
Establishing your own parameters

for any stage of the lending process.
Customizable scorecards and credit

decisioning parameters
Applying to the right employee at the right stage of loan origination based on the scope

of their duties.
Automatic document generation and

electronic signature.

Loan Servicing/
Management

Automating the entire loan lifecycle

is what we do best.
Compassway Digital Loan Management system offers you with an effective toolset to serve your clients of all sizes, whether you are just starting your lending business or are already an established loan provider.
The system has a very customizable repayment structure generator built in, which includes annuity and other repayment calculations.

Statistics &
Reporting

With custom reports and analytics, you'll be able to track not only overall business performance but dive deeply into the specifics of each metric
A native workplace gathers all the data you need from Compassway portal in one configurable easy-to-read report, including risk assessment, portfolio, and operational information

Compassway Digital Lending Platform

Succes story

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Email us
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Key Product Features

Risk Evaluation

Maximize the portfolio income keeping its risk measure lower than the initial value. Choose the most relevant algorithms from a wide variety of options. Reduce the development time from months to days by automatically training, testing, monitoring and controling your model.

Debt Collection

With AI-driven collection priority, delinquent buckets, variable collection techniques, and conversation scripts, you can automate your debt collection activities.

Calculations Engine

There are more than 25+ event types for different use-cases in the system. These events are supported by daily calculation of interest, fees, fee handling, notification creation, and automatic collection at the due date.

Product Engine

The product specification describes which parameters of a particular transaction type are fixed and which values can be changed. You are free to create customized product structures.

Document Management

All loan documentation and statements are automatically generated and readily managed. Specify detailed standards for borrower and loan document collecting, which will be replicated across the platform immediately.

Powerful API Engine

Build, test, and apply customized APIs with Flow Building tools and a built-in Configurator. Perform visual process of no-code integration. Track how your integrations perform, their uptime, and security.

Borrowers Portal

Borrowers can easily and conveniently manage their data, apply for new loans and repay existing loans. Also, the client can check the balance of the loan debt, find out the amount of the next payment, track recent transactions, and much more.

Tracking the payments

Track payment of overdue invoices at a convenient time for you and your customers. A convenient notification will always warn you about the date of the upcoming payment and the amount of payment.

Configurable Loan Application Flow

A convenient loan application editor allows you to create loan application workflows in a few clicks without the need for coding and special skills. Starting the lending process quickly and being able to make changes while the system is running is our priority.

Dashboard, Email & SMS Notifications

Our loan software is pre-configured for quick integration with email and SMS services. You can set up notifications for both borrowers and employees to keep track of every step of the loan process.

KYC and Credit Scoring

Adapted KYC/AML and ID checks. Use machine learning and artificial intelligence to better assess creditworthiness and reduce non-performing loans. Get a guarantee that only verified users can become customers of your company.

Automatic extract credit data

Automatic extraction of credit data from global and local credit agencies. Set up automatic data extraction in your preferred currency. The ability to structure and accumulate information for use in the following loans.

WHAT
CUSTOMERS SAY

We used to have an older system that required more than a day to update or deploy a new risk model. In addition, credit decisions were slow. We estimated we were losing 15% of customers due to abandoned applications. For millennials, who are now a majority of our clients, responsiveness and convenience are key for lending services. We implemented an end-to-end digital lending platform offered by CompassWay and it allowed to significantly improve customer retention. Up-to-date risk models also mean lower defaults rate and improved profitability. The system is easy to work with in case we need to add new clients or product types. We also received excellent customer support from CompassWay team. Overall very satisfied with the upgrade decision.
Denis BobrovCFO of CreditUP
Denis Bobrov
Our key clients are SME firms that sell their products using social media platform such as Instagram and Facebook. They have magnitude of various products and various preferences in the lending options they would like to provide to their customers. Thus, we needed a powerful, yet flexible and simple system, which would allow quick onboarding of new clients and their products. CompassWay offered a solution that not only satisfied these criteria but also was intuitive and easy for the customers of our clients. That allowed to create a seamless shopping experience, as well as improve customers’ satisfaction and rate of completed sales. For our team, working with CompassWay was very easy. Since the system was highly customizable out of the box, we were up and running in just several weeks. We also benefitted from their business expertise and improved a weak link in our processes we did not know was a problem. Highly recommended company to work with.
Irina SenenkoHead of Customer Service at PIE CREDIT
Irina Senenko
Nowadays, the competition in online trading is stronger than ever. In order to outperform the rest and come out ahead, we needed to provide our customers with services that would keep them on the site. Many buyers came to our online store, but there was much less talk about sales. We reached out to the Compassway team for help because Compassway is in the business of developing and implementing advanced digital solutions, and they advised us to first consider implementing a product on credit or in installments. Indeed, most often the reason that buyers leave the site without making a purchase is banal: they do not have enough money. We listened to advice, and now every customer who enters our website and selects a product immediately sees the "buy on credit" button with a convenient loan calculator and BNPL option in the checkout. He understands that he can afford to buy now, and pay later and in installments. As a result, it was possible to increase profits and total sales by 30%, as the client now purchases a product of a higher price category, or increases the number of purchases.
Natalia BurkoHead of Business Development at Taksaexpress
Natalia Burko
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Discover Compassway

We have created a simple tool for starting such a complex business as consumer lending. Please study our demo and together we will start building a customer-oriented business on consumer internet lending.