Launch of online platform for Loans – LoanStreet.in

LoanStreet-inMumbai, India, May 29, 2015: LoanStreet.in, the online marketplace for complete financial solutions, announces the official launch of its platform. Serving as the virtual counterpart to Finstreet Financial Services Pvt. Ltd, the core USP of LoanStreet is to ensure that customers get the perfect blend of the Right Lender, Right Price and Right Experience on their fingertips. The one-of-its-kind platform offers the customers complete hand-holding by professional relationship managers for a hassle-free experience until the loan is disbursed and the amount is credited in their account. It also serves to revolutionize the realm of financial services through its technology driven platform that eases the means of doing business for lenders as well.

Founded by industry veterans with thorough domain knowledge, the company’s back-end algorithms, superlative recommendation engine and predictive analysis ability herald a new era in consumer-focused financial solutions in India. Thanks to its association with all top financial institutions of the country, LoanStreet is able to make a great pool of choices available to customers for Consumer Loans, including unsecured loans.

The superb CRM system gives complete charge of transaction to customers through status updates on email and SMS. It also offers a customized rewards and referral programme to give gifts to the customer at the end of the journey and a personalized dashboard during it. In addition, users can avail of online chat facility and on-call financial advisors for assistance anytime.

Speaking on the launch, Vineet Jain, CEO and Founder LoanStreet.in said, “Through our professional experience, we identified that in India, online facilitation of loans is a pressing requirement for both end customers as well as lenders. Customers need an advisory platform, beyond normal comparison sites, with an end to end service approach and lenders need an online distributor with a presence in major cities. With LoanStreet.in, we aim to plug this gap and also act as an aggregator for the largely unorganized Channel Partners in the market. We offer a complete e-commerce experience in financial services!

Based out of Mumbai, LoanStreet has a branch office in Bengaluru.  It is pioneered by an eclectic Group of Founders – Vineet Jain, Prashant Hegde, Ramendra Mishra and Ajit Pandey. Vineet and Prashant have a profound experience in managing customer processes and distribution of retail loans in India, Ramendra is an Operations Man and Ajit is the Techie with sound e-commerce Experience. The combination of skills gives them the ideal prowess to head LoanStreet.

Besides the end consumer, LoanStreet also benefits the lender as they get a SAS-based platform for display of products along with servicing abilities at multiple locations, creating an order in the financial services distribution space. As an aggregator, LoanStreet facilitates channel partners to have a technology-driven platform creating a customer on boarding and servicing experience on a subscription model to ensure organisation of a fragmented distribution space.

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