/PRNewswire/ Credgenics, the leading provider of loan collections and debt resolution SaaS-based technology solutions to banks, non-banking finance, and.
New Delhi [India], August 3 (ANI/PRNewswire): Credgenics, the leading provider of loan collections and debt resolution SaaS-based technology solutions to banks, non-banking finance, and FinTech lenders worldwide, announced today its expansion into Indonesia as part of its next phase of growth. Indonesia marks the firm's foray into Southeast Asia (SEA) with a proven product and a deep understanding of the debt collections business beyond the Indian demographic. Credgenics is focused to work closely with lending firms in Indonesia and help them digitize and automate their end-to-end collections processes. Credgenics is already working with over 75 lending companies in India to improve their collection rates by 20 per cent and recover up to 80 per cent across delinquent accounts. The firm has a local team in place and will be further hiring and expanding its team based in Indonesia. Commenting on the firm's Indonesia strategy, Rishabh Goel, Co-founder, and CEO of Credgenics said,