Cashfree Payments (Cashfree) has partnered with Dvara Solutions Pvt Ltd, a technology platform company for Financial Institutions, to offer its customers with digital disbursements and collections services.
As a part of the alliance, Cashfree Payments products will enable NBFCs on Dvara’s platform to disburse loans, automate loan repayment collection and validate customer’s KYC details including bank account or UPI ID or beneficiary name, seamlessly, with shorter turn-around time.
Reeju Datta, Co-founder of Cashfree said, “It has always been our aim to enable businesses with digital disbursements and collections services. Our partnership will not only help to automate collections, but also provide the benefits of open APIs thus reducing costs and turnaround time on business processes such as digital data capture and account analysis.”
Commenting on the partnership, Kapil Gupta, MD & CEO of Dvara Solutions, said, “At Dvara Solutions, we aim to shoulder the technology-related complexities of Financial Institutions through our platform Perdix and a host of integrations with innovative external solutions. We believe our partnership with Cashfree Payments will provide our clients access to technologically superior and secure digital disbursement and collections services. We believe these cutting-edge technological solutions will help Financial Institutions achieve efficiencies and serve their customers better.”
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The Perdix platform of Dvara Solutions caters to a range of asset classes and offers a comprehensive suite of modules, APIs and Products that enable financial institutions to become highly customer-centric and deliver high-quality financial services to their customers at their doorsteps anywhere in the country.
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