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Credgenics turns operationally profitable, eyes Rs 240 crore revenue this fiscal - Vimarsana News

Credgenics turns operationally profitable, eyes Rs 240 crore revenue this fiscal

New Delhi [India], April 19 (ANI/PRNewswire): Credgenics, a leading provider of SaaS-based debt collections and resolution technology platform has announced that it has achieved operational profitability in its fourth year of operation. The company's success is attributed to its innovative approach to debt management, which leverages technology to digitally transform the debt collections processes for Banks, NBFCs, FinTechs and ARCs. Credgenics anticipates growing by more than 100 per cent in the current fiscal year, with an expected revenue of approximately Rs 240 crore.

Source: aninews.in
Debt resolution, climate policy impact on capital flows dominate G20 meet - Vimarsana News

Debt resolution, climate policy impact on capital flows dominate G20 meet

The goal of this FMCBG meeting was to deliberate on the progress made by the various work streams of the G20 Finance Track on the deliverables that were tasked to them by the ministers and governors in February

JG Wentworth Earns Top Workplace in Philadelphia - Vimarsana News

JG Wentworth Earns Top Workplace in Philadelphia

/PRNewswire/ -- Industry leading consumer financial services company JG Wentworth is proud to announce that it has been named as one of the Top Workplaces in...

G20 agree on debt resolution of weak countries; Russia, China do not back condemnation of war on Ukraine - Vimarsana News

G20 agree on debt resolution of weak countries; Russia, China do not back condemnation of war on Ukraine

With the two nations not agreeing on two paragraphs on the war taken from the G20 Bali Leaders’ Declaration last November, which highlighted the war's impact on global economic recovery

IREP Credit Capital simplifies loan collection journey for MSMEs with Credgenics - Vimarsana News

IREP Credit Capital simplifies loan collection journey for MSMEs with Credgenics

New Delhi [India], February 8 (ANI/PRNewswire): IREP Credit Capital, a Non-Deposit taking Non-Banking Financial Company (NBFC-ND) recently partnered with Credgenics, a pioneering SaaS-based debt collections platform to drive digital solutions for its MSME customers in South India. Since the implementation of the project, IREP has witnessed a 3X increase in field recoveries, higher efficiencies through 50 per cent increase in number of field visits and 35 per cent field collections coming through digital payments mode. With a keen eye on deepening financial inclusion across India, IREP Credit C...

Related Topics:
Andhra PradeshNew DelhiNaresh NaikRishabh GoelSales League TableBanking Financial CompanyNon Banking Financial CompanyGoogle MapsLoan CollectionsDebt ResolutionSelling Loan Collections PlatformAnnual Sales League TableNew Delhi IndiaEbruary 8 Ani Prnewswire Irep Credit CapitalA Non Deposit Taking Banking Financial Company Nbfc Nd Recently Partnered With CredgenicsA Pioneering Saas Based Debt Collections Platform To Drive Digital Solutions For Its Msme Customers In South India Since The Implementation Of ProjectRep Has Witnesseda 3x Increase In Field RecoveriesIgher Efficiencies Through 50 Per Cent Increase In Number Of Field Visits And 35 Collections Coming Digital Payments Mode Witha Keen Eye On Deepening Financial Inclusion Across IndiaRep Credit Capital Is Focused On Giving Msmes More Power And Making It Easy To Get Sustainable Solutions Credgenics Cg Collect Mobile Application Has Enabled Irep Digitize The Debt Collection ProcessesTreamline Reconciliations And Empower The Field Teams Advanced Capabilities Of Cg Collect App Have Augmented Loan Allocations ProcessImplified Visit ManagementEduced Possibilities Of Fraudulent EntriesHereby Enabling Seamless Tracking Of Field Agents AdditionallyHe Offline Operability Has Increased Efficiency In Remote Network AreasAking Operations For Field Agents Hassle Free The Cg Collect App Simplified Repayment Deposits Process And Allowed Collection To Deposit Multiple Loan Amounts At Nearest Branch Irep Credit Capital Achieved 100 Per Cent Visibility On Online Recoveries Plan Visits Ahead Of Time Through Google Maps Navigation Feature With More Effective Daily Work Planning