i-lend.in ties up with US based Jocata, a leader in Anti Money laundering and Fraud Control Technologies

i-lend.in ties up with US based Jocata, a leader in Anti Money laundering and Fraud Control Technologies

•       Jocata will provide comprehensive customised KYC solution to verify borrowers online

Hyderabad based i-lend, India's first and leading online peer-to-peer platform, connects borrowers who are in need of money to lenders who are ready to lend. Launched as an initiative of Dipamkara Web Ventures Private Limited, i-lend helps borrowers get loans at lower rates and lenders get better returns from mutually beneficial transactions between them.

i-lend has tied up with US based Jocata, a leader in Anti Money laundering Fraud control Technologies. 

Jacota has built a comprehensive KYC solution to suit the requirements of i-lend, which will help i-lend verify borrowers online in a span of 30 minutes. i-lend is the first company that has implemented such a model of quick and comprehensive verification.

Speaking on the occasion, Mr. VVSSB Shankar, Founder, said: “i-lend will be using this application to assess the borrowers KYC in few minutes and approve the loan requests. Joining with Jacota adds to our strength & allows us to offer quick services to the borrowers” and reinforces our commitment to providing cutting edge tech processes in the P2P lending space.

About i-lend:

i-lend, India's first and leading online peer-to-peer platform, connects borrowers who are in need of money to lenders who are ready to lend. Borrowers can get loans at lower costs on i-lend and have the flexibility to choose smaller loan sizes. Lenders similarly have access to a new asset class that offers monthly cash to them with higher returns at moderate rates.

About Jacota:

Jocata Financial Advisory and Technology is an innovative products and services firm specializing in Know Your Customer (“KYC”), Anti-Money Laundering (“AML”) and Combating the Financing of Terrorism (“CFT”) compliance for financial services industry clients. 

The company was founded by professionals from the Big Four firms with a goal to offer clients a complete solution, both in terms of a technology platform and in-depth subject matter expertise.

For further information, please contact:

Mr. Shankar, Founder, i-lend.in, HP: +91.9885654189 Mail: Shankar@i-lend.in

Sudarshan D, Vartika PR, HP: +91.81250 71566 Mail: vartikapr@gmail.com 

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