Financial Companies

Innovate Faster and Better in Competitive Digital Age

End-to-end Lending Management Solution helps streamline the lending process by integrating all the lending functions in one system.
Allows Finance Companies to deliver a truly digital, real-time experience to their customers.
Empowers FIs to offer credit products across all business segments, including Retail, Commercial, and SME.
Designed to meet the ever-changing business needs of financial institutions.

A Smart Solution for Your Challenges

Process & profitability
There’s no room for manual processes and systems in the digital world. Technology is leveraged to optimize existing processes and procedures for maximum efficiency.
Growth & Changing Business Models
The increasing cost of capital and decreasing return on equity put pressure on traditional sources of profitability. This culmination of factors has led many institutions to create new competitive service offerings, rationalize business lines, and seek sustainable improvements in operational efficiencies to maintain profitability.
Digital Transformation Faster
Credit decisions, vastly improved customer experience, 40 percent lower costs, and a more secure risk profile.

Our solution

Increase revenues and reduce costs

Faster loan approvals and release will reduce the “time to yes” from weeks to minutes. Zero paperwork and no face-to-face interaction, thereby lowering the cost of loan processing.•Increased automation and robust back-end technology enable staff to be redeployed from reviewing loan applications to work that adds more value.

White Label Solution

Accelerate “go-to-market” and revenue generation by purchasing white-label solutions. The cost efficiency of our solution allows you to focus on developing new products, brands, and client base.

Scalability

As your organization grows, an all-in-one lending management solution can scale to accommodate increasing loan volume and complexity, helping you manage loans more efficiently as your business expands.

Centralized Data Management

CompassWay lending solution provides a centralized repository for all loan-related data, including borrower information, loan terms, payment history, and more. This can make it easier to manage loans and track performance.

One Platform - Many Solution

Zero-code configurable design of each stage of the financing process so that everyone can launch financial instruments and change their parameters easily or even automatically.

Seamless Colloboration

Configure roles and permissions: Configure roles and permissions based on your unique servicing policies so that each team member can access the information and tools they need to do their job effectively while maintaining data security and privacy.

What we offer

Streamlined Processes

By providing a single platform for loan origination, underwriting, servicing, and reporting, reducing the time and effort required to manage loans., delivering a best-in-class experience for your clients and team – for any loan product.

Customer Friendly Digital Onboarding

With an omnichannel onboarding and loan origination solution, you can reduce customer dropouts, speed up the customer welcome process, and validate digital identities. Meet customer expectations to deliver a seamless digital customer experience.

Automate Marketing and Client Loyalty Program

The digital lending platform should help you get return customers in your bank or credit union. CompassWay’s digital lending platform displays personalized loan recommendations to existing borrowers to expand the possibilities of making them repeat customers.

Personalize Loan Rates for Clients

The platform automatically determines the optimal loan rates based on the risk assessment results of cutting-edge self-learning algorithms. You can launch as many unique credit products as you need to have a successful lending business.

Real-Time Risk Management with AI-powered Scoring Models

Embedded AI decision engine that allows the determination of every customer's default probability and adjusts preferences for risk depending on portfolio performance. We use both traditional and alternative credit scoring models and information sources to ensure the lowest risk and highest profit for your organization.

In Depth Analytics and Custom Reports

The system has powerful built-in analytics and reporting features. Generate custom reports for deeper analysis, quickly import and export data from and into the platform, and present your data in professional diagrams and tables created in real time.

Why choose CompassWay

Loan Origination without Lending Management Platform- several days.

Credit Decision-making without Compassway Lending Management Solution - 3 days.

Operative Performance - 100%.

Loan Origination With Compassway's Lending Management Solution - 5 minutes.

Credit Decision-making with Compassway's Credit Decisioning Engine - 30 seconds.

Operative Performance With Compassway 's Solution- +267%

Starting with Compassway is easy

Digitalize your business and grow 2x faster. Go live in just three days through the Compassway web app.
Our Digital Lending Platform is designed on the DIY principle; it is fully configurable and allows you to create your Platform.

WHAT CUSTOMERS SAY

In today's fiercely competitive e-commerce landscape, staying ahead of the curve is crucial. Despite attracting numerous visitors to our e-commerce platform, converting traffic to sales proved challenging. We must resolve the problem of increasing the conversation rate and boosting sales. We partnered with Compassway to integrate loan business software to provide a 'buy now, pay later' (BNPL) in-house financing option. By empowering customers with flexible BNPLl loans, we not only improved the accessibility of higher-priced items but also significantly boosted our sales by 30%.

Natalia BurkoHead of Business Development at Taksaexpress

Our clients are primarily millennials who prioritize fast and easy lending services. However, our manual risk management process was slowing down our credit decision-making. We shifted to CompassWay's lending solutions end-to-end loan management platform. This strategic move improved our customer acquisition cost and conversation rate from applicant to client. With the ability to quickly update risk models, we've seen a decline in default rates, thus enhancing our profitability. Looking back at the transition, it's clear that upgrading your systems was a wise decision.

Denis BobrovCFO of CreditUP.UA.

As a BNPL provider, we tapped into the burgeoning realm of SMEs on social media platforms like Instagram and Facebook, aiming to bolster their sales through a seamless, integrated shopping and payment experience. Recognizing the critical pain point of limited payment options contributing to high cart abandonment rates, we collaborated with CompassWay to devise a user-friendly BNPL solution tailored to our clientele. This initiative enabled merchants to effortlessly present flexible payment choices at checkout, empowering customers to purchase immediately and defer payments. Working with CompassWay was a remarkably smooth process. The customizable nature of their solution allowed for rapid deployment, operational in mere weeks, greatly exceeding our efficiency expectations.

Irina SenenkoHead of Customer Service at PIE CREDIT.

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