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ATM Online success story
An online lending platform that offers instant loans in Vietnam
Discover how ATM Online has entered a new Vietnamese market in 4 months with the help of an
end-to-end HES Lending Platform.
end-to-end HES Lending Platform.
Challenge
End-to-end automated lending process
The client needed a flexible lending solution to take their business online. Following a
requirement analysis, the team of HES FinTech created a full-circle loan platform that fully
automates the microfinance lending process and provides integrations with third-party payment
systems.
requirement analysis, the team of HES FinTech created a full-circle loan platform that fully
automates the microfinance lending process and provides integrations with third-party payment
systems.
Approach
Business analysis followed
by development
The outcome of the project is a robust loan management platform that allows borrowers to
register and apply for a loan via mobile phone, access their application/loan data, and receive
money on a bank account within 5 minutes. The solution processes borrowers’ loan applications
from the initial step until the full reimbursement.
register and apply for a loan via mobile phone, access their application/loan data, and receive
money on a bank account within 5 minutes. The solution processes borrowers’ loan applications
from the initial step until the full reimbursement.
4 months
Time-to-market
80%
faster decisions due to
a custom decision-making system
a custom decision-making system
6%
Increase in applications
Result
ATM Online outperformed a bunch
of competitors in the Vietnamese market and demonstrates
impressive business results
The solution by HES FinTech helped the client to scale up and offer loans to an increasing
customer database. Now, ATM Online is one of the leading consumer lending companies in Vietnam,
known for its low interest rates and fast application processing time.
customer database. Now, ATM Online is one of the leading consumer lending companies in Vietnam,
known for its low interest rates and fast application processing time.
Based on the HES Credit Scoring Module, the platform analyzes thousands of data points from
social media public data and 3rd party suppliers’ data to forecast the repayment behavior of
borrowers. The back-office functionality covers the application processing flow with custom
calculations and contains a customized decision-making system. The system stores and manages all
the relevant data within a process of loan origination, from the initial request to the
automation of the verification process.
social media public data and 3rd party suppliers’ data to forecast the repayment behavior of
borrowers. The back-office functionality covers the application processing flow with custom
calculations and contains a customized decision-making system. The system stores and manages all
the relevant data within a process of loan origination, from the initial request to the
automation of the verification process.
modules that manage different phases of our
customer journey, from the onboarding process
to the automatic underwriting process, to the
manual underwriting process, and finally to
credit calculation. Highly valuable for us!