Credgenics  wins  the  #1 Best Selling  Loan Collections  Platform  position  in  IBS  Intelligence India Sales League Table 2022

•Credgenics ranked #1 Market Leader in India Retail Lending and #2 Regional Leader in APAC with a stellar record of new order wins
•Credgenics  ranked  #1  Star  Performer  SLT  New  Entrant  in  APAC  in  its  first  ever participation with inclusion in Industry Leader Special listing

New  Delhi,  22  June  2022 - Credgenics,  the  leading  provider  of  loan  collections  and  debt resolution  SaaS-based technology  solutions  to  banks,  non-banking  finance  companies  and FinTech lenders worldwide, today announced that the platform is ranked #1 leader in India in Retail  Lending  Systems  category  by  the  UK-based  research  and  advisory analyst  firm,  IBS Intelligence, in their Annual Sales League Table 2022.  

Credgenics bagged the top spot as the Best Selling Retail Loan Collections Platform in Retail Lending category in India Sales League Table 2022, a reflection of its rapidly increasing market share. Credgenics is also the #2 Regional Leader in APAC based on its large number of new sales orders and the #1 Star Performer SLT New Entrant in the APAC. Running for over twodecades,  the  iconic  Annual  IBSi  Sales  League  Table,  ranks  the  leading  banking  technology systems for their new customer order wins worldwide during the year. It is an industry-wide neutral benchmark for banking technology system sales globally.

Credgenics  enables  banks  and  other  non-banking  lending  companies  to  digitally  transform their  end-to-end collections processes.  The  AI-powered  SaaS  based  platform  comes  with innovative  capabilities  that  bring  a  unique digital-first and data  driven  perspective  to  retail loan collections. The market leading platform makes collections faster, super-efficient customer-centric,  and  intelligent.  Credgenics  platform,  designed  by  the  banking  domain experts,follows  an agile product  roadmap  approach  to  ensure  that  its  customers  remain ahead of the technology and business transformation curve.

Mr.  Rishabh  Goel,  Co-founder  and  CEO,  Credgenics,  said, “We  are  extremely  proud  of winning  the  top  leadership position  in  collections  in  India  and  being  ranked  second  in  the APAC.  Our  exemplary  performance  with  our  debutant entry  is  a  true  reflection  of  the overwhelming support and confidence shown by the banking and financial services industry leaders.  This  recognition  for  our  AI-powered  platform  reinforces  our  belief  that  retail  loan collections is ripe for disruption and our innovation backed  transformation agenda is resonating  across  the  community.  We  are  confident  that  our  digital-first  and  data  driven approach to collections will help us replicate this success in other markets.”

Robin Amlot, Managing Editor, IBS Intelligence, commented, “With 1,900+ technology deals from 60 suppliers across 134 countries that involved 1,000+ banks, this year’s IBS Intelligence SLT was extremely competitive. It is amazing to see the grand entry that Credgenics has made to the Sales League Table. In its maiden participation, Credgenics has  claimed the leadership position in India Retail Lending category by a significant margin and #2 position in APAC with its remarkable number of new orders. A worthy #1 Star Performer New Entrant to the SLT, Credgenics’ performance demonstrates the potential for innovative technology solutions as the  banking  and  financial  services  industry  continues  to  remain aggressive  on  the  path  of digital transformation.”

About  Credgenics:  

Credgenics  is  a  leading  provider  of  loan  collections  and  debt  resolution technology solutions for Banks, NBFCs, ARCs & Digital lending firms worldwide. Credgenics’ SaaS platform helps lenders with end-to-end digitized loan collections through a mix of AI-led digital  communications,  litigation  services,  integrated  payments  platform,  and  a  feet-on-street  app  for collections  agents.  With  Credgenics,  lenders  have  boosted  their  collections efficiency, enhanced the recovery rates, and transformed  their customer experiences.