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



November 24, 2015,  17.52 PM IST || Pocket News Alert

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

Hyderabad, November 24, 2015: 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.