BUSINESSNEXT, a Deep technology company for the financial services industry, has launched LENDINGNEXT, an AI-powered platform to streamline and optimize the entire lending lifecycle for banks and Non-Banking Financial Companies (NBFCs).
LENDINGNEXT offers a single, unified solution for front, middle, and back-office operations across all retail and corporate lending products, promising to make lending faster, easier, and more accurate.
The financial lending landscape is fraught with challenges, including fragmented systems, outdated technology, limited automation, and a lack of transparency, making it difficult to gain a complete picture of borrowers. These issues often lead to siloed lending journeys, complex integrations, extended go-to-market cycles, and increased Total Cost of Ownership (TCO).
LENDINGNEXT directly addresses these critical pain points. “In 2025, lending isn’t about paperwork—it’s about platforms. Today’s borrowers expect instant, paperless, mobile-first experiences, but traditional systems weren’t designed for that. Our Digital LENDINGNEXT platform is created to close this gap with a cloud-native, API-driven, AI-enabled approach that enhances speed, scale, and intelligence in credit operations—while assisting lenders in reducing risk and meeting growing expectations”, said Rahul Sheth, Head of Marketing at BUSINESSNEXT.
Also Read: AI-Driven Predictive Analytics: Risk Mitigation and Cost Certainty with Project Controls Transformed
Considering the current needs, the platform is powered by three intelligent layers of Lending AI—Predictive, Generative, and Agentic. Predictive AI helps forecast credit scores, estimate default risk, optimize pricing, and detect fraud. Generative AI creates summaries for applications, deviations, financials, and investigations. Agentic AI enables virtual agents for customer service, document processing, KYC/KYB, and compliance management.
Key Capabilities and Benefits of LENDINGNEXT:
- Faster, Accurate Credit Approvals: Eliminates traditional underwriting bottlenecks and lengthy approval processes, OCR and Intelligent character recognition (ICR)
- Boosted Cross-Selling: Seamless onboarding allows for offering multiple products at once.
- Massively Reduced Costs: Streamlines operations and cuts TCO with parameterized, no-code designers.
- Accelerated Go-To-Market (GTM): Modern microservices architecture gets innovative products to market quicker.
- Reduced Customer Verification Costs: Streamlines verification processes, lowering CPV costs.
- Effortless Compliance: Adapts to evolving regulations with ease.
- Modern DIY Journeys: Customizable experiences for customers, sales reps, and dealers.
- No-Code Designers: Empowers business users to configure screen, workflow, and integration designers, alongside business rule and decisioning engines.
- Parameterized Credit Rules: Provides a clear, adaptable framework for loan eligibility and decisions.
- Digital Journeys with Modern UI/UX: Offers complete stage visibility, no scrolling, and a simplified mobile interface.
- Multiproduct Onboarding & Ready Smart KYC Journeys: Simplifies customer acquisition with compliant eKYC, Video KYC, Assisted KYC, and Walk-in KYC options.
Hence, LENDINGNEXT aims to simplify lending —from application to disbursement—across channels like web, mobile, ONDC, and branches.
Source : Press Release
