Roopya streamlines loan origination and underwriting with AI

This digital transformation in banking enables a seamless experience for both lenders and borrowers, reducing human error and improving the overall efficiency of the lending process

Roopya has introduced AI-powered agents, a groundbreaking innovation aimed at transforming loan origination and underwriting in the lending industry. This new solution is designed to help Non-Banking Financial Companies (NBFCs), Loan Service Providers (LSPs), and Fintechs streamline operations, enhance decision-making accuracy, and boost efficiency across the lending process, leveraging artificial intelligence in finance.

The launch of these AI agents comes at a time of rapid growth for the digital lending sector, which is projected to reach $20.5 billion by 2030, with a compound annual growth rate (CAGR) of 14.6%. Despite this expansion, many financial institutions face persistent challenges such as high operational costs, delayed processing times, and increased risks of loan defaults. Roopya’s machine learning in lending addresses these issues, automating critical tasks like data collection, document verification, and fraud detection. The AI agents reduce turnaround times, enhance underwriting accuracy, and help minimize costs.

By utilizing advanced natural language processing (NLP), Roopya’s AI agents can extract, analyze, and validate borrower information in real-time, significantly improving the speed and accuracy of loan approvals. This digital transformation in banking enables a seamless experience for both lenders and borrowers, reducing human error and improving the overall efficiency of the lending process.

Sudipta K Ghosh, Co-Founder of Roopya, commented, "This is a pivotal moment for the lending industry. Our AI agents empower lenders to process loans faster, make smarter decisions, and serve more customers without sacrificing accuracy or compliance. This reflects our commitment to driving growth and financial inclusion through artificial intelligence in finance."

Raman Vig, Co-Founder of Roopya, added, "As the digital lending market grows, the need for scalable, intelligent solutions is crucial. Our AI agents leverage data, automation, and intelligence to provide significant value for NBFCs, LSPs, and Fintechs. We’re proud to lead the charge in this digital transformation in banking."

AI drives digital transformation in lending

Roopya’s AI agents also enhance underwriting by using deep learning models to analyze diverse data sources, including traditional credit scores and alternative data like transaction behaviour and social activity. This holistic approach improves risk assessment, enabling lenders to extend credit to a wider range of customers, including those with limited credit histories, while maintaining high-quality portfolios and supporting financial inclusion.

The platform integrates easily with existing systems, eliminating the need for costly overhauls. It complies with strict data privacy regulations such as GDPR and ISO 27001, ensuring secure processing of sensitive customer information. Scalability is another key advantage, enabling lenders to quickly adjust to fluctuating loan volumes without sacrificing efficiency.

Looking ahead, Roopya plans to introduce dynamic risk models that adjust in real-time based on market trends and borrower behaviour. The company is also exploring voice-enabled loan applications, which will help underserved markets, and is working on integrating its platform with e-commerce and payment ecosystems for seamless access to credit.

Industry studies show that AI can significantly reduce operational costs and enhance profitability in the lending industry. Roopya’s machine learning in lending solutions are setting new standards, empowering lenders to deliver exceptional customer experiences and gain a competitive edge in an increasingly digital world.